Drive-Thru Restaurant and Office
3073 Gulf Breeze Pkwy, Gulf Breeze, FL 32563
For Sale
$1,650,000
Flexible HCD-zoned building with built-in drive-thru infrastructure and a rear office/flex suite, plus ample parking.
Property Size5,013 SF
Price / SF$379.57
Days on Market143
Property Features for 3073 Gulf Breeze Pkwy
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Business Included
Building Details
Building Size
Year Built
Listed By:
Cameron Cauley · License FL SL3284874
(850) 291-3341
Source:
Naiglobal
Added: Jun 22
Changed: Nov 10
Last Checked: Nov 10 at 6:07AM
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 Cameron Cauley
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Investment Insights
Based on property information with market context.
The 4,347 SF building is configured to support either a standalone quick-service restaurant or a combined food-service and office/flex use. The front 1,054 SF quick-service space is described as turn-key and includes an order counter, kitchen and prep area, walk-in cooler and walk-in freezer, three-well sink, and a POS system. Operational support is further detailed with drive-thru communication, a soda station, two reader boards, a large seating area, and men’s and women’s restrooms.
The rear 3,293 SF suite provides a second set of improvements that can function independently or be paired with the QSR portion. It includes seven private offices, large open work areas, a kitchenette, and two restrooms, along with ample parking and built-in access for tenant operations.
With flexible HCD zoning, the property is positioned for a range of restaurant, office, medical, wellness, salon, administrative, and service-based users. For operators considering food service, the inclusion of in-place drive-thru infrastructure supports quick-service or fast-casual concepts, and the listing notes potential reconfiguration capacity for a traditional full-service layout, subject to final design and code requirements. The combined building layout also allows for administrative and back-office needs alongside front-of-house operations.
The rear 3,293 SF suite provides a second set of improvements that can function independently or be paired with the QSR portion. It includes seven private offices, large open work areas, a kitchenette, and two restrooms, along with ample parking and built-in access for tenant operations.
With flexible HCD zoning, the property is positioned for a range of restaurant, office, medical, wellness, salon, administrative, and service-based users. For operators considering food service, the inclusion of in-place drive-thru infrastructure supports quick-service or fast-casual concepts, and the listing notes potential reconfiguration capacity for a traditional full-service layout, subject to final design and code requirements. The combined building layout also allows for administrative and back-office needs alongside front-of-house operations.
Key Highlights
- 4,347 SF commercial building built in 1997 with front QSR space plus a rear 3,293 SF office/flex suite.
- Front approx. 1,054 SF quick‑service restaurant includes order counter, kitchen/prep, walk‑in cooler/freezer, and POS.
- Built‑in drive‑thru infrastructure with drive‑thru communication system and two reader boards.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,426
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,148,520
$1.1M
Cap Rate 7%
$820,371
$820.4K
Cap Rate 9%
$638,067
$638.1K
Market Conditions
NOI Build-Up for 4,347 SF
Gross rent
$82.4K $18.96/SF
− Vacancy
−$5.9K −$1.35/SF
EGI
$76.6K $17.61/SF
− OpEx
−$19.1K −$4.40/SF
NOI
$57.4K $13.21/SF
Area
Santa Rosa County, FL
Vacancy
7.10%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,148,520
Cap Rate 7%
$820,371
Cap Rate 9%
$638,067
Alternative Uses
Best Use
Specialty Retail
$820.4K
$717.8K – $957.1K
NOI $57,426 @ 7.0% cap · market cap 3.48%
Second Best
Office B
$733.3K
$641.6K – $855.5K
NOI $51,329 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$1.07M
$936.6K – $1.25M
NOI $74,928 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
Explore this area
Business Placement
Demographics for 32563, FL
27,329
Population
12,883
Households
2.1
Avg Household Size
43
Median Age
40%
College-Educated
95%
High-School Grad
16.6 sq mi
ZIP Area
1,646
Density / Sq Mi
$97,139
Median Household Income
$41,647
Median Earnings
$1,692
Median Rent
$362,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Flexible HCD-zoned building with built-in drive-thru infrastructure and a rear office/flex suite, plus ample parking.
Where is this drive through restaurant located?
The property is located at 3073 Gulf Breeze Pkwy Gulf Breeze, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 4,347 SF commercial building built in 1997 with front QSR space plus a rear 3,293 SF office/flex suite.; Front approx. 1,054 SF quick‑service restaurant includes order counter, kitchen/prep, walk‑in cooler/freezer, and POS.; Built‑in drive‑thru infrastructure with drive‑thru communication system and two reader boards.
