Restaurant with Included
New
For Lease
$12,000/Mo
523 E Gregory St, Pensacola, FL 32502
An existing tenant may remain or vacate on 30 days’ notice.
Space Size4,884 SF
Days on Market4
Property Features for 523 E Gregory St
General Information
Standard status
Active
Size
4,884 SF
Net Rentable
4,884 SF
Property subtype
Retail
Lease Term
NNN
Space & Availability
Available Space
4,884 SF
Contiguous Space
4,884 SF
Space Use
Restaurant
Restaurant
Equipment Included
Yes
Second-Generation Restaurant
Yes
Building Details
Building Size
4,884 SF
Spaces For Lease
at 523 E Gregory St
523 E Gregory Street
$12,000/Mo
Size
4,884 SF
Type
Restaurant
Term
60 months
Listing Agency:
SVN | Southland Commercial Real Estate
Listed By:
Michael Carro, CCIM · License #FL #BK3179263
(850) 380-3344
Source:
Southlandcommercial
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 24 at 3:40PM
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
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Investment Insights
Based on property information with market context.
Renovated restaurant space at 523 E Gregory St in Pensacola comprises 4,884 square feet. The property includes restaurant equipment purchased from Kesco in 2022, supporting continued restaurant operations or use with a different concept.
An existing tenant is in place and may vacate with 30 days’ notice. The arrangement allows for continued occupancy or possession of the space after the tenant’s departure.
An existing tenant is in place and may vacate with 30 days’ notice. The arrangement allows for continued occupancy or possession of the space after the tenant’s departure.
Key Highlights
- Renovated 4,884 SF restaurant building
- Restaurant equipment purchased from Kesco in 2022
- Existing tenant may vacate on 30 days’ notice
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.42 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,949
Businesses Nearby
182k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 23%
Hotels & Casinos 2%
McDonald's
Dining
24,686 visits/mo
0.5 miles
Whataburger
Dining
20,893 visits/mo
0.0 miles
Krispy Kreme Doughnuts
Dining
19,957 visits/mo
0.5 miles
Circle K
Shops & Services
15,874 visits/mo
0.2 miles
Starbucks
Dining
15,534 visits/mo
0.0 miles
Demographics for 32502, FL
4,277
Population
2,582
Households
1.7
Avg Household Size
46
Median Age
36%
College-Educated
92%
High-School Grad
2.7 sq mi
ZIP Area
1,584
Density / Sq Mi
$67,548
Median Household Income
$41,011
Median Earnings
$1,313
Median Rent
$229,000
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An existing tenant may remain or vacate on 30 days’ notice.
Where is this conventional restaurant located?
The property is located at 523 E Gregory St Pensacola, FL.
What is the lease rate?
The lease rate is $12,000/Mo.
What are key features of this property?
This property features: Renovated 4,884 SF restaurant building; Restaurant equipment purchased from Kesco in 2022; Existing tenant may vacate on 30 days’ notice
