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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33503520

North Davis Highway, Pensacola, FL 32504

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by CrownPoint Partners
$3,300,000
4 days on market
Updated 4 days ago

Absolute NNN Beef A Roo | 20 Year ABS | Exceeds 40,000 VPD

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,800
Cap Rate 8%
NOI $264,000
Tenancy Single
Brand/Tenant Burger King, Wendy's (+12)
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Rent Bumps Yes
Lease Options 2X 5 YEAR
Broker Co-Op True
Year Built 2004
Year Renovated 2026
Buildings 1
Stories 1
Acreage 0.800
Investment Type Net Lease
Ground Lease No

Absolute NNN Beef A Roo | 20 Year ABS | Exceeds 40,000 VPD

Investment highlights

PROPERTY HIGHLIGHTS

• 20 Year Absolute Net Lease

• Forward Sale / Under Construction Opportunity

• Zero Landlord Responsibilities

• Freestanding 2,800 SF Retail Asset with Drive-Thru

• Corporate Guaranteed Lease Backed by a Well Established, Growing Restaurant Operator

• Tenant Prepaid One Year of Rent at Closing, Enhancing Investment Security

• 2% Annual Rent Increases

• Business Friendly Environment with Continued Investment in Infrastructure, Retail, and Service-Oriented Development

• Positioned Within The Pensacola MSA Benefiting From Strong Regional Population Growth

• Located Within An Established Corridor Supported By Dense Surrounding Neighborhoods, Retail Centers, and Major Employment Anchors

LOCATION HIGHLIGHTS

• Positioned Near Major Transportation Corridors Including Interstate 10, North Davis Highway, And U.S.

Route 29 Providing Strong Regional Accessibility Across Northwest Florida

• Nearby National Retailers Include Walmart, Publix, Target, Lowe’s, Home Depot, Starbucks, Chick-fil-A, CVS, And Walgreens Driving Consistent Consumer Traffic

• Located Near Major Healthcare Providers Including HCA Florida West Hospital, Ascension Sacred Heart

Pensacola, And Baptist Hospital Supporting Long-Term Healthcare Demand And Employment

• Pensacola Benefits From A Diverse Economic Base Supported By Healthcare, Military, Education, Tourism,

And Aerospace Industries

• Approximately 10 Minutes From Pensacola International Airport Providing Convenient Regional And National Air Connectivity

• Nearby Educational Institutions Include University of West Florida And Pensacola State College Supporting Workforce Development And Population Stability

Listing Contacts

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by CrownPoint Partners

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$264,000.00
$22,000.00/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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