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    6501 N Davis Hwy Pensacola, FL 32504

    Source: https://www.saltercompany.com
    For Sale
    $1,553,664

    Net lease, strong tenant, high traffic location.

    Property size:
    4,122 SF

    Description

    Added:
    Feb 6, 2025
    Days on Market:
    310
    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.

    Property Features for 6501 N Davis Hwy

    General Information

    Property type
    Restaurants
    Square Feet
    4,122 SF
    Price / Square Foot
    $376
    Elevators
    N/A
    Lot Size
    46,806 SF

    Building Details

    Year Built
    1998
    Buildings
    1
    Stories
    1
    Units
    2

    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.
    Insight Report Location Intelligence

    Current Use by Public Records

    Shrimp Basket Seafood Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.224054
    Latitude
    30.491719

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    FAQs

    What type of property is this?
    Restaurant - Net lease, strong tenant, high traffic location.
    Where is this restaurant 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.
    (850) 564-0120
    Request Owner's contact information
    6501 N Davis Hwy Pensacola, FL 32504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6501 N Davis Hwy Pensacola, FL 32504
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