8890 Boesch Ln - Restaurant FOR SALE


Pensacola, FL 32534- Ensley
$4,500,000 USD
813-434-8278
8890 Boesch Ln, Pensacola, FL for Sale
$4,500,000 USD
Restaurant - FOR SALE
1/11
null | 5.28% Cap Rate

8890 Boesch Ln
Pensacola, FL 32534
Ensley


HIGHLIGHTS

  • Brand New 15-Year Lease | Options To Extend | Scheduled Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Off Signalized Intersection | Excellent Visibility | Multiple Points of Access
  • Ransley Station Outparcel | Directly Off Interstate 10 |Surrounding Retailers | Avalon Apartments | Off West 9 Mile Road
  • Local Demographics 5-Mile Trade Area | Downtown Pensacola

OVERVIEW

• The tenant recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% increases every 5-years throughout the initial term and at the beginning of each option period • First Watch (NASDAQ: FWRG) is a rapidly expanding restaurant chain with over 630 locations across 32 states

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$1,154 USD /SF

CAP RATE

5.28%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

First Watch - Pensacola FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

PD

APN/PARCEL ID

11-1S-31-4102-003-001

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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