Popeyes - 711 N Navy Blvd, Pensacola, FL — Sale in Pensacola, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Pensacola, FL 32507
Investment Figures
- Cap rate
- 6.50%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
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
Market Context
This food service in Pensacola, FL is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing food service assets. It has been on the market for 100 days. Compare it against other food service listings for sale in Pensacola, FL — view the full market.
Contact
- Robert Johnston · (650) 391-1744 · robert.johnston@marcusmillichap.com
- Adam Levin · (650) 391-1782 · adam.levin@marcusmillichap.com
- Ryan Nee · (954) 245-3400
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