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Flex Space with In-Place Drive-Thru
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3073 Gulf Breeze Pkwy, Gulf Breeze, FL 32563

Turn-key quick-service restaurant space with an in-place drive-thru, plus a rear office/flexible-use suite.

Property Size4,347 SF
Price / SF$379.57
Days on Market50

Property Features for 3073 Gulf Breeze Pkwy

General Information

Standard status Active
Size 4,347 SF
Property subtype RETAIL

Site & Location

Drive-Thru Yes
Road Access Yes

Warehouse & Industrial

Office Build-Out 3,293 SF
Cold Storage Yes

Building Details

Buildings 1
Building Size 4,347 SF
Listing Agency: NAI Pensacola
Listed By: Cameron Cauley, SIOR MiCP CCA
Source: Moodyscre
Added: Jun 15 Changed: Jul 30 Last Checked: Jul 30 at 11:03PM

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 NAI Pensacola

Investment Insights

Based on property information with market context.

3073 Gulf Breeze Pkwy presents 4,347 SF of flexible restaurant and office space in the Tiger Point area, including a 1,054 SF turn-key quick-service restaurant suite with an in-place drive-thru and a 3,293 SF office suite to the rear. The front and rear spaces are currently separated but can be combined to support a full-service restaurant concept, distribution use, QSR, coffee retailer, medical dispensary, pharmacy, package store, laundromat, salon, medical office, or another service-based user.

The front QSR suite includes an order counter, kitchen and prep area, walk-in cooler and walk-in freezer, three-well sink, POS system, drive-thru communication system, soda station, two reader boards, large seating area, and men’s and women’s restrooms. The rear 3,293 SF suite includes seven private offices, large open work areas, kitchenette, and two restrooms, with ample parking and a layout that can be reconfigured. Full drive-around capability, deceleration lane access, and median cut access support efficient ingress and egress and customer flow.

Key Highlights

  • 4,347 SF flexible restaurant and office space in the Tiger Point area
  • 1,054 SF turn‑key quick‑service restaurant suite with in‑place drive‑thru
  • 3,293 SF rear office suite with seven private offices and kitchenette

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

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.

Component $ $/SF
Gross rent $82.4k $18.96
− Vacancy −$5.9k −$1.35
EGI $76.6k $17.61
− OpEx −$19.1k −$4.40
NOI $57.4k $13.21
4,347 SF · lease $18.96/SF/yr · vacancy 7.10% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$820.4K
$717.8K – $957.1K (±1% cap)
NOI $57,426 @ 7.0% cap · market cap 3.48%
Second Best
Office B
$733.3K
$641.6K – $855.5K (±1% cap)
NOI $51,329 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$1.07M
$936.6K – $1.25M (±1% cap)
NOI $74,928 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Restaurant Dental Office Pharmacy Hair Salon Building Supply

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

870
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Turn-key quick-service restaurant space with an in-place drive-thru, plus a rear office/flexible-use suite.
Where is this flex space 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 flexible restaurant and office space in the Tiger Point area; 1,054 SF turn‑key quick‑service restaurant suite with in‑place drive‑thru; 3,293 SF rear office suite with seven private offices and kitchenette
(850) 291-3341 Call to check price and availability
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