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2018 N W St, Pensacola, FL, 32505

CLASSIC COLLISION
$2,600,000

Key Information

Cap Rate
6.9%
Tot. SF
28,382
Term Remaining
±7.5 YRS
Type
Retail

Highlights

  • NATIONAL TENANT & STRONG OPERATOR – Classic Collision is a well-established and rapidly growing national collision repair brand with over 330 locations across the U.S., providing strong credit quality and operational stability. Backed by TPG Capital, a Global Private Equity firm, actively manages over $225 billion in assets.
  • LONG-TERM NNN LEASE WITH BUILT-IN RENT GROWTH – The property features a ±7.5-year remaining term on a Triple Net (NNN) lease, under which the landlord is responsible solely for the roof and structural components. The lease includes three 5-year renewal options with 5% rent increases every five years, providing predictable income growth and long-term stability.
  • STRATEGIC LOCATION IN A GROWING MARKET – Pensacola is a growing metro in Florida with a strong local economy driven by tourism, a significant military presence, and a rising population. The property is situated adjacent to two schools, Pensacola Catholic High School and Oakcrest Elementary School, and benefits from excellent visibility, accessibility, and proximity to major traffic corridors.
  • LARGE SITE & VALUABLE REAL ESTATE – The ±28,382 SF building sits on a generous ±2.09-acre lot, offering a low building-to-land ratio, ample parking, and potential long-term redevelopment upside. Large properties with extensive parking enable tenants to accommodate more vehicles, thereby increasing their revenue.
  • LOW RENT PER SF – Sitting at $6.34/SF, in our opinion, the rent at this location is far below the average rent/sf. This provides an investor with a risk-averse asset and helps to increase tenant long term profitability and stability.

Photos

Location

Agents

Broker of Record

Kyle Matthews

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