121 E Nine Mile Rd - Fast Food FOR SALE


Pensacola, FL 32534- Ensley
$3,884,000 USD
415-274-7394
121 E Nine Mile Rd, Pensacola, FL for Sale
$3,884,000 USD
Fast Food - FOR SALE
1/4
null | 5.58% Cap Rate

121 E Nine Mile Rd
Pensacola, FL 32534
Ensley


HIGHLIGHTS

  • 20-year initial lease term, with approximately nine years remaining through May 31, 2035
  • Zero landlord maintenance or expense responsibilities
  • Five (5), 5-year renewal options
  • Personal Guaranty – 20-year multi-brand franchisee, including Zaxbys and other QSR’s
  • Fronts East Nine Mile Road (SR 10/US Highway 90 Alternate) with direct access to the I-10 interchange
  • Access to a newly opened Costco (172,580 SF warehouse club) with a fuel station and tire center

OVERVIEW

Situated along East Nine Mile Road (SR 10/US Highway 90 Alternate), the primary commercial corridor connecting Pensacola’s northern suburbs, this freestanding, single-tenant Zaxbys offers direct highway visibility and proximity to a dense concentration of national retailers, including access to a Costco that opened in June 2026. The offering is structured as an absolute NNN lease with zero landlord maintenance or expense responsibilities. It is located within a market backed by significant institutional employment, infrastructure investment, and steady county-level population growth.

FOR SALE DETAILS

PRICE

$3,884,000 USD

PRICE/SF

$1,010 USD /SF

CAP RATE

5.58%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Zaxbys

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

C2

APN/PARCEL ID

11-1S-30-1101-007-080

ASK ABOUT THIS PROPERTY

Joseph CaccamoCP Partners CREMore Info
415-274-7394

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Joseph CaccamoCP Partners CREMore Info
415-274-7394

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