7011 North Davis Hwy Pensacola, FL 32504

This is an opportunity to acquire a corporate-guaranteed Jim ‘N Nick’s investment property. It is ideally situated as an outparcel to the high-performing University Town Plaza in one of Pensacola’s most heavily trafficked retail corridors. The property offers a secure and passive long-term investment through a new 15-year absolute NNN ground lease with zero landlord responsibilities. The lease commenced on June 7, 2024, delivering immediate income from a proven restaurant operator. The lease features 10% rental increases every five years throughout the initial term and four five-year renewal options. The property has direct access and frontage on N Davis Hwy, which sees 41,600 vehicles per day. The newly constructed building is a 4,162 square foot double drive-thru prototype. The parent company is Roark Capital, which has $40 billion in assets. Pensacola serves as the economic and cultural hub of the Florida Panhandle. The city’s economy is anchored by a massive military presence, specifically Naval Air Station (NAS) Pensacola, which fosters a robust ecosystem of defense contracting and aerospace manufacturing. Pensacola has seen a significant surge in the financial services sector, driven by the continued expansion of the Navy Federal Credit Union’s global operations center. The downtown area has undergone a major revitalization, blending historic Spanish and British architectural influences with modern dining and entertainment. Pensacola is increasingly recognized as a “City on the Rise” for its job growth in cybersecurity and information technology, coupled with a cost of living that remains competitive. The location has strong demographics with over 141,000 residents and 67,600 employees within a 5-mile radius.