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  • New construction

  • New long-term lease

  • Nationally recognized brand

  • Strong tenant: Goodwill Easter Seals of the Gulf Coast (25 retail stores/donation centers)

  • Rent increases: base rent increases in year 6 and 11 of the primary lease term

  • Net lease: tenant is responsible for taxes, insurance, maintenance and utilities

  • Dominant retail corridor: there is over 13,400,000 SF of retail within 5 miles.

  • Dense 5-mile demographics: 126,000 population; $59,000 average household income; 5,000 housing units

GOODWILL

1715 East Olive Rd. | Pensacola, FL 32514

Square Footage: ± 26,516 

Year Built: 2016

NOI: $312,889

Acreage: ± 4.19

Primary Lease Terms: 20 years 

Price: $5,200,000

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