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711 Navy Blvd
Pensacola, FL 32507
Popeyes · Retail Property For Sale

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Investment Highlights

  • Prime Pensacola Retail Investment Opportunity
  • Unparalleled Street Visibility
  • Ease of an Absolute NNN Lease Structure
  • Long-Term Lease Structure

Executive Summary

711 N Navy Blvd is a well-situated fast food retail investment opportunity located in the thriving city of Pensacola, Florida. Situated on a 19,502 square foot parcel of land, the subject property was originally constructed in 1979 and features a gross building area of approximately 2,108 square feet, offering a beautifully designed fast food floor plan with a drive-thru included. The property is currently leased to a Popeyes, operated by Sailormen Inc., with approximately seven years remaining on the lease, expiring in August 2033, and the tenant holds four five-year extension options that may be exercised upon lease expiration. Pensacola is a vibrant Gulf Coast city known for its strong economic fundamentals, diverse employment base, and high quality of life, anchored by major employers such as Naval Air Station Pensacola, Baptist Health Care, and Ascension Sacred Heart, and benefiting from stable job growth and a consistent influx of residents and visitors. The city’s strategic location along Interstate 10 and U.S. Highway 98 provides excellent regional connectivity, while its downtown core, white-sand beaches, and expanding retail and dining scene continue to drive population growth and commercial demand, resulting in relatively low vacancy levels and steady tourism that support long-term real estate investment. With a world-class location in the heart of Escambia County, 711 N Navy Blvd presents an attractive investment opportunity driven by strong employment fundamentals, low vacancy levels, and close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,108 SF
Building Class
B
Year Built
1979
Price
$2,434,686 CAD
Price Per SF
$1,154.97 CAD
Cap Rate
6.50%
NOI
$158,255 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.45 AC
Opportunity Zone
Yes
Zoning
COM
Parking
24 Spaces (11.39 Spaces per 1,000 SF Leased)
Frontage
42’ on Navy Blvd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
52-2S-30-2000-001-012
Land Assessment
$159,779 CAD
Improvements Assessment
$257,380 CAD
Total Assessment
$417,159 CAD
  • Listing ID: 39376539

  • Date on Market: 2026-02-09

  • Last Updated:

  • Address: 711 Navy Blvd, Pensacola, FL 32507

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