523 9 Mile Rd - Fast Food FOR SALE
Pensacola, FL 32534 |
$2,777,777 USD
214-692-2216
523 9 Mile Rd
Pensacola, FL 32534
HIGHLIGHTS
- Absolute NNN Lease – This property offers true passive income with an absolute NNN lease with zero landlord responsibilities
- Brand New Construction – The site had their Grand Opening in September 2024
- Long Term Lease – New 15-year lease with built in 10% increases every 5 years
- Large Lot – Sitting on a lot of ±0.75 acres, double the size of most other coffee stands
- Established Tenant – Dutch Bros (NYSE: BROS) is a financially stable, national tenant, known for their high-quality beverages and exceptional customer
- Expanding Business – Spanning over 17 states, Dutch Bros has 876 locations with plans of continued growth
FOR SALE DETAILS
PRICE
$2,777,777 USD
PRICE/SF
$2,924 USD /SF
CAP RATE
5.4%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dutch Bros Coffee
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.75 AC
LAND SF
32,686 SF
ZONING
C
APN/PARCEL ID
10-1S-30-1102-000-060
ASK ABOUT THIS PROPERTY
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214-692-2216
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214-692-2216
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