2670 Creighton Rd - Restaurant FOR SALE


Pensacola, FL 32504
$1,850,000 USD
813-488-0853
2670 Creighton Rd, Pensacola, FL for Sale
$1,850,000 USD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

2670 Creighton Rd
Pensacola, FL 32504


HIGHLIGHTS

  • Outparcel to Walmart Shopping Center - 97th% Percentile Ranking – National
  • The property sits on ±0.88 acres and is priced below the replacement cost
  • Lot contains 45 parking spots to accommodate in-store dining business
  • Owner/User or Investment Opportunity

OVERVIEW

Outparcel to Walmart Shopping Center 97th% Percentile Ranking – National 93rd% Percentile Ranking – State 100th% Percetile Ranking – City The property sits on ±0.88 acres and is priced below the replacement cost Lot contains 45 parking spots to accommodate in-store dining business High retail synergy with surrounding National Credit Tenants including: Walmart, Zaxby’s, McDonald’s, CVS, Hardee’s, Burger King, and AutoZone. Caliber Car wash was recently developed on the adjacent parcel to the west The property has excellent exposure to Creighton Rd, which sees an average of 20,900 vehicles per day The property sits within a 5-mile population of ±110,404 Retail rents in the Pensacola Market are rising at a 4.8% annual rate during the fourth quarter of 2022 and have posted an average annual gain of 3.4% over the past three years Pensacola is home to Florida’s largest employer and one of the southeast’s largest naval installations, the Naval Air Station Pensacola (NAS Pensacola) which has ±23,400 military and civilian employees. The NAS Pensacola is the “Cradle of Naval Aviation” as the initial primary training base for all Navy, Marine Corps, and Coast Guard pilots, the advanced training base for most naval flight officers, and the home of the Blue Angels. Additionally, the NAS Pensacola was the first Naval Air Station commissioned by the US Navy in 1914

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$619 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

OWNER/ USER - QSR OPPORTUNITY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

C-1

APN/PARCEL ID

10-1S-29-2301-000-060

ASK ABOUT THIS PROPERTY

Jake LurieMatthews Real Estate Investment ServicesMore Info
813-488-0853

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Jake LurieMatthews Real Estate Investment ServicesMore Info
813-488-0853

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.