Faris Lee Investments is pleased to present a rare opportunity to acquire a corporate-guaranteed Jim ‘N Nick’s investment property, ideally situated as an outparcel to the high-performing University Town Plaza in one of Pensacola’s most heavily trafficked retail corridors. This offering provides a secure and passive long-term investment through a new 15-year absolute NNN ground lease (land ownership) with zero landlord responsibilities. The lease features 10% rental increases every five years throughout the initial term and four five-year renewal options, and commenced on June 7, 2024, delivering immediate income from a proven restaurant operator. The property features Jim ‘N Nick’s newly constructed, prototypical “Fast-Casual Plus” building design, engineered to support both full-service quality and QSR-level efficiency. The layout includes double drive-thru lanes with canopies, a two-sided kitchen line to accommodate increased service capacity, and a dedicated area for third-party delivery pickup. These features are critical as approximately 60% of Jim ‘N Nick’s sales are generated through off-premises channels. Demonstrating significant commitment to the site, the tenant constructed a 4,200-square-foot building with an additional 1,000-square-foot patio area. With a 40-year operating history, Jim ‘N Nick’s is a well-established and rapidly growing Southern barbecue brand operating 61 locations across Florida, Georgia, Tennessee, Alabama, South Carolina, and North Carolina. The company reported over $200 million in revenue in 2024 and achieved same-store sales growth exceeding 10% over the three-year period ending in 2024. Continued expansion remains a priority, with plans to open 10 additional locations across the Southeast in 2026. The lease is corporately guaranteed by Jim ‘N Nick’s, providing investors with strong credit backing and long-term stability. The brand is owned by Roark Capital, a leading private equity firm in the QSR industry managing more than $40 billion in assets across consumer and business service companies. Roark specializes in franchise and franchise-like business models and owns an industry-leading portfolio of restaurant concepts, further strengthening the tenant’s institutional profile and long-term growth outlook. The asset is strategically positioned as an outparcel to University Town Plaza, a dominant retail destination drawing approximately 4.7 million annual visitors according to Placer.ai and anchored by BJ’s Wholesale Club, Floor & Décor, Boot Barn, and Academy Sports + Outdoors. Directly in front of the subject property, BJ’s alone attracts more than 768,000 annual visitors. Nearby outparcels significantly outperform brand averages, including Bubba’s 33, Cheddar’s, and Texas Roadhouse, underscoring the strength of the retail environment. The property benefits from direct access and visibility along North Davis Highway (41,600 vehicles per day) and Creighton Road (14,000 vehicles per day), and is located less than one-half mile from Interstate 10 (98,000 vehicles per day), a major transcontinental corridor connecting California to Florida. The surrounding trade area features 141,741 residents within five miles, average household income of $83,807, and 67,645 daytime employees. This offering represents a premier, management-free investment opportunity in a growing Florida submarket, backed by a top-performing tenant and institutional sponsorship.