Established Restaurant in Pensacola,
For Sale
Contact for pricing
875 E 9 Mile Rd, Pensacola, FL 32534
Well-established restaurant with full kitchen and modern interior design.
Property Size1,400 SF
Lot Size7.40 Acres
Price / SF$178.57
Days on Market294
Property Features for 875 E 9 Mile Rd
General Information
Standard status
Active
Size
1,400 SF
Lot size
7.40 Acres
Property subtype
RETAIL
Listing Agency:
Alliance Real Estate
(850) 516-9967
Listed By:
Daniel J Hua · License #SL3527144
(850) 516-9967
Source:
Moodyscre
Added: Nov 8, 2025
Changed: Aug 9
Last Checked: Aug 28 at 3:19PM
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 Alliance Real Estate
Investment Insights
Based on property information with market context.
This is a well-established restaurant located in Pensacola, FL. The property features a full turn-key kitchen and a modern interior design. The restaurant includes 1400 square feet of dining space and approximately 932 square feet of kitchen space. Ample parking is available. The property is situated near 9 Mile Rd. and nearby neighborhoods.
Key Highlights
- Great location in Pensacola, FL near 9 Mile Rd. and nearby neighborhoods.
- Full turn‑key kitchen.**
- Ample parking.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,741
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$334,820
$334.8K
Cap Rate 7%
$239,157
$239.2K
Cap Rate 9%
$186,011
$186.0K
Market Conditions
NOI Build-Up for 1,400 SF
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.
Gross rent
$24.4K $17.40/SF
− Vacancy
−$2.0K −$1.46/SF
EGI
$22.3K $15.94/SF
− OpEx
−$5.6K −$3.99/SF
NOI
$16.7K $11.96/SF
Area
Escambia County, FL
Vacancy
8.37%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$334,820
Cap Rate 7%
$239,157
Cap Rate 9%
$186,011
Alternative Uses
Best Use
Specialty Retail
$239.2K
$209.3K – $279.0K
NOI $16,741 @ 7.0% cap · market cap 6.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$410.9K
$359.5K – $479.4K
NOI $28,762 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
113k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 60%
Dining 22%
Shops & Services 18%
Lowe's
Home Improvements & Furnishings
35,859 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
32,328 visits/mo
0.5 miles
Raceway
Shops & Services
19,058 visits/mo
0.3 miles
Chili's Grill & Bar
Dining
18,860 visits/mo
0.5 miles
Denny's
Dining
5,763 visits/mo
0.4 miles
Demographics for 32534, FL
16,006
Population
7,573
Households
2.1
Avg Household Size
39
Median Age
22%
College-Educated
92%
High-School Grad
9.9 sq mi
ZIP Area
1,617
Density / Sq Mi
$59,013
Median Household Income
$34,841
Median Earnings
$1,350
Median Rent
$192,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Turn key restaurant - Well-established restaurant with full kitchen and modern interior design.
Where is this turn key restaurant located?
The property is located at 875 E 9 Mile Rd Pensacola, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Great location in Pensacola, FL near 9 Mile Rd. and nearby neighborhoods.; Full turn‑key kitchen.**; Ample parking.
