4510 Mobile Highway

Situated within one of Pensacola’s established commercial corridors, the location benefits from convenient access to a vibrant Gulf Coast community known for its growing economy, rich history, and year-round tourism. Nearby destinations include Downtown Pensacola, Palafox Street, the National Naval Aviation Museum, NAS Pensacola, and Pensacola Beach, while major retail hubs such as Cordova Mall further strengthen the region’s shopping appeal. The area is also supported by a strong military presence, expanding healthcare and education sectors, and a diverse local population, creating consistent consumer activity. Combined with excellent regional connectivity, these factors make the surrounding area an attractive setting for retail and street retail investment.Situated on a 1.92-acre commercially zoned site in the Pensacola market, the property features an 11,210 SF single-tenant retail building occupied by Dollar Tree, a nationally recognized retailer operating under a NNN lease, providing investors with a passive income opportunity. The tenant is currently paying below-market rent, creating the potential for future NOI and value growth while benefiting from stable cash flow. Recent capital improvements include a complete resurfacing of the parking lot in 2024, reducing near-term maintenance requirements and enhancing the overall appearance of the asset. Positioned along a highly visible commercial corridor with traffic counts of 36,500 vehicles per day, the property benefits from outstanding visibility and strong consumer exposure. Combining a nationally recognized tenant, below-market in-place rent, proven operating history, and favorable lease terms, this asset presents a compelling opportunity for investors seeking dependable cash flow with embedded long-term upside.