Skip to main content

Restaurant

Popeyes - 711 N Navy Blvd, Pensacola, FL

711 N Navy Blvd, Pensacola, FL 32507

Listing Price: $1,782,830

Cap Rate
6.50%
Tenant Name
Sailormen Inc
Years Remaining On Lease
6.5
Guarantor
National Franchisor
Rentable SF
2,108
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$54.97

Investment Overview

711 N Navy Blvd is a well-situated fast food retail investment opportunity located in the
thriving city of Pensacola, Florida.
Situated on a 19,502 square foot parcel of land, the subject property was originally
constructed in 1979 and features a gross building area of approximately 2,108 square
feet, offering a beautifully designed fast food floor plan with a drive-thru included.
The subject property is currently leased to a Popeyes, operated by Sailormen Inc. with
approximately eight years remaining on the lease, expiring in September 2032.
Additionally, the tenant holds four five-year extension options that may be exercised upon
lease expiration.
Pensacola is a vibrant Gulf Coast city known for its strong economic fundamentals,
diverse employment base, and high quality of life. Anchored by major employers such as
Naval Air Station Pensacola, Baptist Health Care, and Ascension Sacred Heart, the city
benefits from stable job growth and a consistent influx of residents and visitors.
Pensacola’s strategic location along Interstate 10 and U.S. Highway 98 provides
excellent regional connectivity, while its downtown core, white-sand beaches, and
expanding retail and dining scene continue to drive population growth and commercial
demand. Combined with relatively low vacancy levels and steady tourism, Pensacola
offers a compelling environment for long-term real estate investment.
The investment appeal is driven by Pensacola's strong employment fundamentals and
low vacancy levels. With a world-class location in the heart of Escambia county, 711 N
Navy Blvd presents an attractive choice for investors due to its close proximity to major
employers, transportation corridors, shopping, dining, and entertainment options.

Investment Highlights

  • Prime Pensacola Retail Investment Opportunity
  • Ease of a NNN Lease Structure
  • Unparalleled Street Visibility
  • Long-Term Lease Structure

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Restaurant

Popeyes - 711 N Navy Blvd, Pensacola, FL

Listing Price: $1,782,830

Cap Rate
6.50%
Tenant Name
Sailormen Inc
Years Remaining On Lease
6.5
Guarantor
National Franchisor
Rentable SF
2,108
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$54.97

Investment Highlights

  • Prime Pensacola Retail Investment Opportunity
  • Ease of a NNN Lease Structure
  • Unparalleled Street Visibility
  • Long-Term Lease Structure

Investment Overview

711 N Navy Blvd is a well-situated fast food retail investment opportunity located in the thriving city of Pensacola, Florida. Situated on a 19,502 square foot parcel of land, the subject property was originally constructed in 1979 and features a gross building area of approximately 2,108 square feet, offering a beautifully designed fast food floor plan with a drive-thru included. The subject property is currently leased to a Popeyes, operated by Sailormen Inc. with approximately eight years remaining on the lease, expiring in September 2032. Additionally, the tenant holds four five-year extension options that may be exercised upon lease expiration. Pensacola is a vibrant Gulf Coast city known for its strong economic fundamentals, diverse employment base, and high quality of life. Anchored by major employers such as Naval Air Station Pensacola, Baptist Health Care, and Ascension Sacred Heart, the city benefits from stable job growth and a consistent influx of residents and visitors. Pensacola’s strategic location along Interstate 10 and U.S. Highway 98 provides excellent regional connectivity, while its downtown core, white-sand beaches, and expanding retail and dining scene continue to drive population growth and commercial demand. Combined with relatively low vacancy levels and steady tourism, Pensacola offers a compelling environment for long-term real estate investment. The investment appeal is driven by Pensacola's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Escambia county, 711 N Navy Blvd presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

MM Texture Background
MM Textured Background Lower