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Freestanding Zaxby’s NNN Property
New
For Sale
$3,884,000

121 East 9 Mile Road, Pensacola, FL 32534

Single-tenant restaurant with an absolute NNN lease and no landlord maintenance or expense obligations.

Property Size3,847 SF
Days on Market4

Property Features for 121 East 9 Mile Road

General Information

Standard status Active
Size 3,847 SF
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 3,847 SF
Year Built 2015
Tenancy Single
Listing Agency: ParaSell Inc
Listed By: Joe Caccamo · License #CalDRE #01191110
Source: Cppcre
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 11 at 5:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc

Investment Insights

Based on property information with market context.

This freestanding, single-tenant Zaxby’s property was built in 2015 and operates under an absolute NNN lease. The initial term was 20 years, with approximately nine years remaining through May 31, 2035. The agreement includes five 5-year renewal options, and the franchisee provides a personal guaranty. The operator is a 20-year multi-brand franchisee with Zaxby’s and other QSR locations.

The property fronts East Nine Mile Road, also designated SR 10 and US Highway 90 Alternate, with direct access to the I-10 interchange. Nearby retail context includes a Costco warehouse club with 172,580 SF, a fuel station, and a tire center. Within a 5-mile radius, the property is supported by 112,730 residents and average household income of $91,352. The University of West Florida has 15,000+ students, Pensacola State College has approximately 9,500 students, and Navy Federal Credit Union’s Pensacola Campus employs nearly 10,000 people approximately 5 miles away.

Key Highlights

  • Absolute NNN lease with zero landlord maintenance or expense responsibilities
  • Approximately nine years remaining through May 31, 2035
  • Five 5‑year renewal options with personal guaranty

Property Analytics

Current Use

Zaxby's Chicken Fingers ... Take-out & Catering

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Electrical Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

766
Businesses Nearby
463k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Superstores 27% Shops & Services 21% Home Improvements & Furnishings 9%
Walmart Superstores
124,702 visits/mo 0.4 miles
Whataburger Dining
26,124 visits/mo 0.3 miles
Murphy USA Shops & Services
24,654 visits/mo 0.5 miles
Tractor Supply Co. Home Improvements & Furnishings
22,732 visits/mo 0.3 miles
McDonald's Dining
21,955 visits/mo 0.1 miles

Demographics for 32534, FL

16,006
Population
7,573
Households
2.1
Avg Household Size
39
Median Age
22%
College-Educated
92%
High-School Grad
9.9 sq mi
ZIP Area
1,617
Density / Sq Mi
$59,013
Median Household Income
$34,841
Median Earnings
$1,350
Median Rent
$192,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant restaurant with an absolute NNN lease and no landlord maintenance or expense obligations.
Where is this nnn property located?
The property is located at 121 East 9 Mile Road Pensacola, FL.
What is the asking price?
The asking price for this property is $3,884,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord maintenance or expense responsibilities; Approximately nine years remaining through May 31, 2035; Five 5‑year renewal options with personal guaranty
More about this property
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