3708 W Navy Blvd, Pensacola, FL
Fully operational restaurant in high-traffic area, redevelopment potential.
- Added:
- Mar 1, 2022
- Days on Market:
- 1563
- Last Refresh:
- May 19 at 8:35 pm
Property Features for 3708 W Navy Blvd
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Lot size
- 1.24 Acres
- Property subtype
- LAND
Listing agent Chris Bouchard (850) 206-2140
Listing office SNS Realty, Inc. (850) 206-2140
Listing date Mar 1, 2022
Source Moodyscre
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 SNS Realty, Inc.
HighLights
- Fully operational, turnkey restaurant ready for immediate use.
- Prime location at the gateway to Downtown Pensacola with high visibility and unlimited turning access on a four‑lane highway.
- Established historical lunch and dinner crowd with 38 years of operation at this location.
- Includes three parcels, with one offering expansion or redevelopment potential with 240' of frontage on Navy Blvd.
- Located in the Navy Blvd Commercial Area, surrounded by a mix of restaurants and shops.
- Paved asphalt parking lot.
Overview
Local 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 | $38.3k | $17.40 |
| − Vacancy | −$3.2k | −$1.46 |
| EGI | $35.1k | $15.94 |
| − OpEx | −$8.8k | −$3.99 |
| NOI | $26.3k | $11.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2618
- Latitude
- 30.4111
