For Sale
For Sale
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Year Built
1999
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Total Building Size
9,391 RSF
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Overview
This property is located at the foot of I-110 southbound off ramp positioned at the intersection of 9th Avenue (16,100 cars per day) and Chase St.(14,500 cars per day). The property is located among a strip of restaurants known as "Restaurant Row". Included in the strip of restaurants is McGuires Irish Pub, Carrabba's, The Melting Pot, Starbucks, Jimmie Johns, Rodizio Grill, Saltgrass Steakhouse, Another Broken Egg, Wantaburger, and Wendy's. In addition to these restaurants this property is surrounded by the majority of Downtown Pensacola's limited hospitality locations that include the Pensacola Grand Hotel, Residence inn and Courtyard by Marriott. Amazing Investment Opportunity in Downtown Pensacola's Restaurant Row. This retail investment property features a 3 tenant building with long term NNN leases. This property is located at the foot of I-110 southbound off-ramp positioned at the intersection of 9th Avenue (16,100 cars per day) and Chase St. (14,500 cars per day). The property is located among a strip of restaurants known as "Restaurant Row". Included in the strip of restaurants is McGuire's Irish Pub, Carrabba's, The Melting Pot, Starbucks, Jimmy Johns, Rodizio Grill, Saltgrass Steakhouse, Another Broken Egg, Whataburger, and Wendy's. In addition to these restaurants, this property is surrounded by the majority of Downtown Pensacola's limited hospitality locations that include the Pensacola Grand Hotel, Residence Inn, and Courtyard by Marriott.
Property Details
7.25% CAP RATE | NNN Investment Property in Pensacola
This property is located at the foot of I-110 southbound off ramp positioned at the intersection of 9th Avenue (16,100 cars per day) and Chase St.(14,500 cars per day). The property is located among a strip of restaurants known as "Restaurant Row". Included in the strip of restaurants is McGuires Irish Pub, Carrabba's, The Melting Pot, Starbucks, Jimmie Johns, Rodizio Grill, Saltgrass Steakhouse, Another Broken Egg, Wantaburger, and Wendy's. In addition to these restaurants this property is surrounded by the majority of Downtown Pensacola's limited hospitality locations that include the Pensacola Grand Hotel, Residence inn and Courtyard by Marriott. Amazing Investment Opportunity in Downtown Pensacola's Restaurant Row. This retail investment property features a 3 tenant building with long term NNN leases. This property is located at the foot of I-110 southbound off-ramp positioned at the intersection of 9th Avenue (16,100 cars per day) and Chase St. (14,500 cars per day). The property is located among a strip of restaurants known as "Restaurant Row". Included in the strip of restaurants is McGuire's Irish Pub, Carrabba's, The Melting Pot, Starbucks, Jimmy Johns, Rodizio Grill, Saltgrass Steakhouse, Another Broken Egg, Whataburger, and Wendy's. In addition to these restaurants, this property is surrounded by the majority of Downtown Pensacola's limited hospitality locations that include the Pensacola Grand Hotel, Residence Inn, and Courtyard by Marriott.
- Property TypeRetail
- Year Built1999
- Sale Price$3,254,000
- Total Building Size9,391RSF
- Total Acres1.41
- Sale StatusAvailable
- Property ID2173002