9510 US-98 - Retail FOR SALE


Pensacola, FL 32506- Outer Southwest Pensacola
$1,882,845 USD
415-274-7394
9510 US-98, Pensacola, FL for Sale
$1,882,845 USD
Retail - FOR SALE
1/2
null | 4.78% Cap Rate


HIGHLIGHTS

  • Iconic tenant, Whataburger has over 1,130 locations in 17 states and $4.1 billion in U.S. sales for 2024, a nearly 9.4% increase year-over-year
  • New 15-year ground lease, with 8% rent increases every 5 years
  • Three (3), 5-year options
  • Located on U.S. Highway 98 at Blue Angel Pkwy (FL-173 State Hwy)
  • Outparcel in Blue Angel Plaza, a Publix anchored shopping center with a national & regional tenant lineup
  • Close to Walmart Supercenter, ALDI, Target, Ace Hardware, Sherwin Williams, Anytime Fitness, Winn-Dixie and Tractor Supply Co.

OVERVIEW

New construction Whataburger located on an outparcel to a Publix-anchored shopping center along U.S. Highway 98 (~20,300 VPD). The site benefits from close proximity to Naval Air Station (NAS) Pensacola, one of the largest military training installations in the world, supporting a base population of approximately 23,400 civilians and military personnel across 8,423 acres (6.5 miles from subject property).

FOR SALE DETAILS

PRICE

$1,882,845 USD

PRICE/SF

$570 USD /SF

CAP RATE

4.78%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

-

APN/PARCEL ID

-

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.