For Sale
$1,418,244

709 N Navy Blvd Pensacola, FL 32507

Net lease, established seafood chain, high traffic location.

Source: https://www.saltercompany.com

Overview

Added:
Feb 6
Days on market:
78
This exceptional investment opportunity presents a 3,444 square foot Shrimp Basket restaurant located at 709 N Navy Blvd, Pensacola, Florida, 32507. The property sits on a 0.93-acre lot in a high-traffic area boasting 43,000 cars passing daily. This established location is part of an 18-unit seafood chain, entirely owned and operated by the Artistry Restaurant Group, a testament to its consistent success. The current lease commenced on August 1, 2016, and extends until July 31, 2030, offering a secure, long-term investment. The restaurant features an outdoor patio, a key element of the Shrimp Basket brand. Its convenient location, just 10 minutes from the Pensacola Naval Hospital, ensures a steady stream of customers. The property is offered for sale at $1,418,244, presenting a compelling opportunity for investors seeking a stable, high-return investment in a thriving commercial area. This is a net lease property. The property is categorized as a restaurant, and other retail properties.

Highlights

  • Prime Pensacola location on bustling Navy Blvd with 43,000 daily passing cars.
  • Established 18-unit seafood chain restaurant with a 7-year-old lease.
  • Attractive 3,444 sq ft building featuring an outdoor patio; lease extends to 2030.

Property Details for 709 N Navy Blvd

Property type
Retail properties
Square Feet
3,444 SF
Price / Square Foot
$411.80
Year Built
2015
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
40,654 SF

Location Insight

City
Pensacola
County
Escambia
State
Florida

FAQs

What type of property is this?
Retail property - Net lease, established seafood chain, high traffic location.
Where is the retail property located?
The property is located at 709 N Navy Blvd Pensacola, FL.
What is the asking price?
The asking price for this property is $1,418,244.
What are key features of this property?
This property features: Prime Pensacola location on bustling Navy Blvd with 43,000 daily passing cars.; Established 18-unit seafood chain restaurant with a 7-year-old lease.; Attractive 3,444 sq ft building featuring an outdoor patio; lease extends to 2030.
How can I contact the broker?
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709 N Navy Blvd
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