Corner Lot Drive-Thru
1570 W Fairfield Dr, Pensacola, FL 32505
Prime corner lot restaurant with drive-thru and ample parking.
Type:Retail
Property size:
3,480 SFPrice / SF:
$228/SF- Added:
- Mar 6, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 11:55 pm
Property Features for 1570 W Fairfield Dr
General Information
- Standard status
- Active
- Size
- 3,480 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1985
Listing agent Michael Carro, CCIM License #FL #BK3179263 (850) 434-7500
Listing office SVN | Southland Commercial Real Estate (850) 434-7500
Listing date Mar 6, 2026
Source Southlandcommercial
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 SVN | Southland Commercial Real Estate
HighLights
- Prime corner lot location at a lighted intersection.
- High daily traffic count of 33,500 cars.
- Drive‑thru restaurant with 3,480 square feet of space.
- Ample parking.
- Two entrances for excellent accessibility and customer flow.
- Located on W Fairfield Dr and N L St.
Overview
This property is a 3,480 square foot corner lot drive-thru restaurant. The location offers optimal visibility and convenience. It features ample parking and two entrances, one on W Fairfield Dr and the other on N L St, providing excellent accessibility and customer flow. Situated at a lighted intersection on the corner of W Fairfield Dr and N L St, the property benefits from a daily traffic count of 33,500 cars. This location is suitable for a restaurant business.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$462.4K
NOI $41,613 @ 9.00% cap · cautious / downside scenario
Moderate
$594.5K
NOI $41,613 @ 7.00% cap · market / base-case scenario
Aggressive
$832.3K
NOI $41,613 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.6k | $17.40 |
| − Vacancy | −$5.1k | −$1.46 |
| EGI | $55.5k | $15.94 |
| − OpEx | −$13.9k | −$3.99 |
| NOI | $41.6k | $11.96 |
3,480 SF · lease $17.40/SF/yr · vacancy 8.37% · expense 25.00%
Alternative Use Scenarios
Best Use
Specialty Retail
$594.5K
$520.2K – $693.6K
NOI $41,613 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$893.7K – $1.19M
NOI $71,493 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2354
- Latitude
- 30.4456
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Prime corner lot restaurant with drive-thru and ample parking.
Where is this drive through restaurant located?
The property is located at 1570 W Fairfield Dr Pensacola, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Prime corner lot location at a lighted intersection.; High daily traffic count of 33,500 cars.; Drive‑thru restaurant with 3,480 square feet of space.
