Drive-Thru Restaurant Space

Retail-Commercial for Lease
Catylist Listing ID: 30280070
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Tavern/Bar/Nightclub
Contiguous Space: 3,066 SF
Gross Building Area: 3,066 SF
Gross Land Area: 0.94 Acres
Lease Rate: $85,000 (Annual)
$27.72 PSF (Annual)
Base Monthly Rent: $7,083
Lease Types: NN
Last Updated: 6/17/2019

Overview / Comments

This former Arby’s is located on N. Navy Boulevard (US Highway 98) in Pensacola, FL. US Highway 98 stretches from Natchez, MS to Palm Beach, FL and is a popular route for vacationers traveling along the coast. This store is just 6 miles from the Alabama border and offers an impressive 38,000 CPD. The site offers 0.94 acres with right-hand, right-out access on US Highway 98 and the drive-thru exits on to Coast Road. Left-hand access via Coast Rd.

The site is just 2.2 miles from the Pensacola Naval Air Station, home to the “Blue Angels” and Naval Museum. This installation hosts over 16,000 military personnel and 7,400 civilian personnel daily, in addition to tourists. Located 1.8 miles away on US Highway 98 is the Naval Hospital of Pensacola which administers over 528,000 outpatient services per year in addition to its 1,861 admissions and 600 employees. Pensacola State College Warrington Campus sits half a mile southwest and enrolls roughly 9,655 students (Fall 2017) across the region.

Offers: Drive Thru * Walk in Cooler * Hood System in Place * Strong Traffic Counts of 38,000 CPD * 50 Parks and Pylon in Place!

Attachments & Media

Expand All Available Space

Suite: 800 N Navy 3,066 SF $85,000 (Annual) NN
Space Available: 3,066 SF
Lease Rate: $85,000 (Annual)
$27.72 PSF (Annual)
$7,083 (Monthly)
Lease Type: NN
Space Subcategory: Free-Standing Store
Date Available: 5/18/2018
Lease Term: 120 Months
Space Type: Relet
Kitchen Yes
Parking Spaces 50
Tax Expenses $1.41 PSF (Annual)
Operating Expenses $0.97 PSF (Annual)

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 522S302501002004
Zoning: COM
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Hwy 98
Feet of Frontage: 100
Traffic/Vehicle Count: 38,000
Highway Access: Direct access to Hwy 98
Site Description: .94 acre site with Right hand Right out access on US Highway 98 (N. Navy) and Drive thru exit to Coast Rd. Left hand access via Coast Rd.
Tenancy: Single Tenant
Property Condition: Good
Total Parking Spaces: 50
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,086 65,132 125,506
Median Age: 30.14 35.87 36.67
Households: 4,295 23,781 48,020
The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.