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7481 N Palafox St, Pensacola, FL, 32503

Fleetpride
$687,823

Key Information

Cap Rate
6.86%
$ per SF
$105
Tot. SF
6,500
Year Built
1970
Type
Industrial
NOI
$47,436

Highlights

  • Premier National Tenant – FleetPride is the nation’s largest independent distributor of aftermarket heavy-duty truck and trailer parts and services, operating at over 300 locations across the US.
  • Strategic Growth Location – The property is situated at the corner of N Palafox St and Interstate-10, which is currently undergoing a major expansion to support the Pensacola MSA’s rapidly growing population and increasing traffic demand. This prime location is ideal for a truck service facility, offering unmatched visibility and accessibility for regional freight traffic.
  • Recently Extended Lease – FleetPride recently extended their lease for 3 additional years, showing their continued commitment to the location. The lease includes annual rent increases, limited landlord responsibilities, and below-market rent, offering safety and long-term upside for the owner.

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Location

Agents

Financing Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203