For Sale
$1,553,664

6501 N Davis Hwy Pensacola, FL 32504

Net lease, strong tenant, high traffic location.

Source: https://www.saltercompany.com

Overview

Added:
Feb 6
Days on market:
80
This exceptional investment opportunity presents a 4,122 square foot Shrimp Basket restaurant located at 6501 N Davis Hwy, Pensacola, FL 32504. The property sits on a 1.07-acre lot and is part of an 18-unit seafood chain, entirely corporately owned by the Artistry Restaurant Group, operating across three Southeastern states. This specific location enjoys a highly favorable 14-year net lease, commencing August 1, 2016, and expiring July 31, 2030, with seven years already successfully completed. Situated in a vibrant retail center on N Davis Hwy, the restaurant benefits from exceptional visibility and high traffic volume, with an average annual daily traffic count of 33,500 vehicles. The property includes outdoor seating, a key feature of all Shrimp Basket locations. This is a turnkey investment opportunity with a strong, established tenant in a prime retail location. The property is offered for sale at $1,553,664. This investment is categorized as an Investment NNN property.

Highlights

  • 4,122 sq ft restaurant in a high-traffic Pensacola location.
  • Seven years remaining on a 14-year lease, providing long-term stability.
  • Part of an 18-unit, corporately-owned seafood chain in three states.

Property Details for 6501 N Davis Hwy

Property type
Retail properties
Square Feet
4,122 SF
Price / Square Foot
$376.92
Year Built
1998
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
46,806 SF
Units
2

Location Insight

City
Pensacola
County
Escambia
State
Florida

FAQs

What type of property is this?
Retail property - Net lease, strong tenant, high traffic location.
Where is the retail property located?
The property is located at 6501 N Davis Hwy Pensacola, FL.
What is the asking price?
The asking price for this property is $1,553,664.
What are key features of this property?
This property features: 4,122 sq ft restaurant in a high-traffic Pensacola location.; Seven years remaining on a 14-year lease, providing long-term stability.; Part of an 18-unit, corporately-owned seafood chain in three states.
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6501 N Davis Hwy
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