Property Details

Action Equipment

Pensacola, FL
Property ID: 14542

Financial Summary

Asking Price $2,094,545
Cap Rate 5.50%
Net Operating Income (NOI) $115,200
Lease Type NNN
Lease Term Remaining 10 Years
Increases 2% Per Year

Offering Memorandum

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Contact

Jeff Bogart
Senior Vice President
703.596.5602
Jonathan W. Hipp
Capital Markets Head of U.S. Net Lease Group
202.644.8700
Richard Murphy, CCIM
Senior Vice President U.S. Capital Markets Net Lease Group
703.288.2700

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Highlights

  • Largest independent equipment provider in Florida
  • Dynamic fast response business plan
  • Rapid expansion through Sunbelt States planned
  • Currently 18 locations and growing
  • Government mandated essential business
  • Large land track for possible future development

Location

9521 Pine Cone Drive
Pensacola, FL

Leigh ClineAction Equipment