Pensacola Retail for Sale - Myrtle Grove/Bellview

• 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

Property Subtype:

Restaurant

Date on Market:

2026-07-27

Portfolio of properties for Sale - Myrtle Grove/Bellview

1. Locations can also be purchased individually. 2. Total term remaining assumes all remaining options are exercised.

Date on Market:

2026-06-15

Pensacola Retail for Sale - West Pensacola

Florida Broker of Record: Scott Ayres DeYoung / FL BK 3421401 Faris Lee Investments is pleased to present an opportunity to acquire a single-tenant retail property leased to Murphy USA in the coastal market of Pensacola, Florida. The property features a corporate-executed, long-term absolute triple-net (NNN) lease with Murphy USA (NYSE: MUSA), a publicly traded, Fortune 500 company ranked #214 on the 2025 list. The absolute NNN structure ensures zero investor responsibilities, as the tenant is directly responsible for all repairs and maintenance, including the building, roof, parking lot, and landscaping—as well as property taxes, utilities, and insurance. The lease includes a new twenty (20) year primary term with four (4), five (5) year renewal options, providing a potential total term of forty (40) years. Furthermore, the lease features scheduled rental increases of 8% every five years, ensuring a growing income stream and a hedge against inflation for the investor. Murphy USA is a leading operator of retail gas stations and convenience stores, boasting over 1,700 locations across 27 states under the recognized brands Murphy USA, Murphy Express, and QuickChek. The company generated over $19.38 billion in revenue for fiscal year 2025, demonstrating significant financial strength and a market presence dating back to 1966. This property represents brand-new, prototypical construction featuring a 2,824 SF convenience store and 16 fueling positions across 8 multi-product dispensers. This latest prototype is specifically designed to maximize sales volume and customer throughput. The new roof, structure, parking lot, and improvements eliminate concerns of deferred maintenance while providing significant intrinsic real estate value. Strategically positioned at a high-profile signalized intersection along W. Fairfield Drive and North W Street, the property offers outstanding visibility and a combined traffic count of approximately 65,000 vehicles per day. The location benefits from dense demographics, with a population exceeding 153,181 people and an average household income of over $87,000 within a five-mile radius. As a historic coastal hub with a vibrant military presence and an MSA population exceeding 400,000, Pensacola is a community strategically located between Mobile and Tallahassee. This free-standing hard corner location is perfectly positioned within a primary retail corridor to serve this coastal community and capitalize on the consistent customer traffic at the intersection.

Property Subtype:

Service Station

Date on Market:

2026-05-13

Pensacola Retail for Sale - Central Pensacola/S Brent

Property Subtype:

Auto Repair

Date on Market:

2026-05-06

Pace Office for Sale - Gonzalez/SW Santa Rosa

For Sale Properties (cannot be separated): 4487, 4489, 4491 Woodbine Rd Current Tenant may be open to vacating some or all for an Owner Occupant. Owners are flexible and can have some flexibility in deal structure.

Date on Market:

2026-02-27

Pensacola Retail for Sale - Myrtle Grove/Bellview

• Chipotle recently signed a brand new 15-year lease with 4 (5-year) options to extend • The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded (NYSE: CMG) and nationally recognized tenant with over 3,800 locations • 10% rental increases every 5 years throughout the initial term and at the beginning of each option period

Property Subtype:

Restaurant

Date on Market:

2026-01-20

Pensacola Retail for Sale - Ferry Pass/N Pensacola

• The lease is corporate guaranteed by Wawa, Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,100+ locations • Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site • The ground lease features 7% rental increases every 5 years starting in lease year 11 and at the beginning of each option period • Wawa merchandise sales per store averaged $7.1M for the year ended 2024 versus an industry average of $2.7M for 2023 (Source: NACS) • Gasoline sales totaled 3.1 billion gallons for the year 2024, an average of 69,042 gallons sold a week per store, over two times the industry average of 32,726 per store per week in 2023 (Source: NACS) • Wawa was ranked No. 22 in Forbes 2024 Ranking of America’s Largers

Property Subtype:

Freestanding

Date on Market:

2025-06-04

Holt Retail for Sale

(8.25% Cap Rate)-SHELL GAS STATION AND BROWNS SUPERMARKET FOR SALE! THIS INVESTMENT OPPORTUNITY CONSISTS OF A NEWLY REMODELED SHELL GAS STATION, A LARGE SUPERMARKET, AND A 4-BEDROOM SINGLE-FAMILY HOME IN THE REAR OF THE PROPERTY. LOCATED IN THE FAMOUS FLORIDA PANHANDLE ON US HWY 90, THE PROPERTY SITS JUST (.3 MILES) OFF OF BUSY INTERSTATE 10 (I-10)! SELLER FINANCING IS AVAILABLE (SEE P.5) FOR FULL DETAILS!  THE PROPERTY SITS ON A LARGE .63-ACRE SITE AND HAS BEEN RECENTLY UPDATED IN THE PAST YEAR! WITH THE NEW 20-YEAR PURE NNN LEASE THAT WILL BE SIGNED AT CLOSING, THE PROPERTY WILL BOAST A CAP RATE OF OVER 8.2% AT CLOSING! THE PROPERTY SITS AT AN INTERSECTION DIRECTLY OFF OF I-10 (EXIT 45) AND IS THE ONLY SERVICE STATION ON EXIT 45. IN FACT, THERE IS NO OTHER GAS STATION WITHIN ALMOST 10 MILES OF THE PROPERTY, CREATING A MASSIVE AMOUNT OF BUSINESS FOR THIS LOCATION. BROWNS SUPERMARKET, WHICH IS ATTACHED TO THE SERVICE STATION, IS A STAPLE IN THE LOCAL COMMUNITY AND HAS BEEN IN OPERATION FOR OVER 50 YEARS! CURRENTLY, THE PROPERTY HAS A NEW 20-YEAR PURE NNN LEASE IN PLACE. THE LEASE WILL BE SIGNED AT CLOSING. THE RENTAL RATE STARTS AT $20,000 (PER MONTH) IN 2024 AND WILL INCREASE BY 10% EVERY 5 YEARS UNTIL THE END OF THE 20-YEAR TERM. THE TENANT ALSO HAS (2) FIVE-YEAR OPTIONS TO EXTEND AFTER THE EXPIRATION OF THE INITIAL LEASE TERM. THIS GIVES THE BUYER LOCKED-IN SECURITY & FANTASTIC RENTAL INCOME FOR THE NEXT 20+ YEARS. THE LEASE IS FULLY GUARANTEED BY THE OPERATOR & BACKED BY A SHELL GAS AGREEMENT THROUGHOUT THE LEASE.  THE PROPERTY CURRENTLY BOASTS AN IN-PLACE CAP RATE OF 8.2%. WITH THE RENTAL INCREASES EVERY 5 YEARS BUILT INTO THE CURRENT LEASE, THIS NUMBER WILL ONLY GROW! BY 2029, THE BUYER WILL EASILY SURPASS A CAP RATE OF 9% & THIS WILL RISE, 5 YEARS LATER, TO A CAP RATE OF 10%. BY THE FINAL YEARS OF THE LEASE, THE CAP RATE WILL SURPASS 12%, WHICH IS AN AMAZING RETURN FOR A NNN ASSET THAT IS HANDS-OFF FOR THE BUYER!

Property Subtype:

Supermarket

Date on Market:

2024-07-30