Whataburger Ground Lease
9500 W Highway 98 Pensacola, FL 32506
9500 W Highway 98, Pensacola, FL, 32506
Contact for pricing
For Sale
Contact for pricing
Whataburger sits on a newly issued 15-year ground lease with options and scheduled 8% rent increases.
Property Size3,305 SF
Price / SF$569.70
Days on Market147
Property Features for 9500 W Highway 98
General Information
- Standard status
- Active
- Size
- 3,305 SF
- Property subtype
- RETAIL
Listing agency
CP Partners
(415) 274-7394
Listed by
Joe Caccamo · License #01191110
Source
Moodyscre
Added: Feb 24 Updated: Jul 20 at 9:02PM Checked: Jul 20 at 9:02PM
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 CP Partners
Investment Insights
Based on property information with market context.
A Whataburger outparcel is available for sale with a newly issued 15-year ground lease in place. The lease includes three (3) five-year options and provides for an 8% rent increase every five years. The ground lease structure also states that there are zero landlord maintenance or expense obligations.
The property is located on U.S. Highway 98 at Blue Angel Pkwy (FL-173 State Hwy). It sits within Blue Angel Plaza, a Publix-anchored shopping center featuring a national and regional tenant lineup, and is positioned near retailers including Walmart Supercenter, ALDI, Target, Ace Hardware, Sherwin Williams, Anytime Fitness, Winn-Dixie, and Tractor Supply Co.
Additional area context includes proximity to Pensacola (PNS) International Airport (12 miles away) and Naval Air Station Pensacola (6.5 miles away). Naval Hospital Pensacola is noted as approximately three miles from the property.
The property is located on U.S. Highway 98 at Blue Angel Pkwy (FL-173 State Hwy). It sits within Blue Angel Plaza, a Publix-anchored shopping center featuring a national and regional tenant lineup, and is positioned near retailers including Walmart Supercenter, ALDI, Target, Ace Hardware, Sherwin Williams, Anytime Fitness, Winn-Dixie, and Tractor Supply Co.
Additional area context includes proximity to Pensacola (PNS) International Airport (12 miles away) and Naval Air Station Pensacola (6.5 miles away). Naval Hospital Pensacola is noted as approximately three miles from the property.
Key Highlights
- Whataburger is on a newly issued 15‑year ground lease with three 5‑year options
- Lease includes scheduled 8% rent increases every 5 years
- Zero landlord maintenance or expense obligations are listed in the lease terms
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Whataburger sits on a newly issued 15-year ground lease with options and scheduled 8% rent increases.
Where is this conventional restaurant located?
The property is located at 9500 W Highway 98 Pensacola, FL.
What is the asking price?
The asking price for this property is $1,882,845.
What are key features of this property?
This property features: Whataburger is on a newly issued 15‑year ground lease with three 5‑year options; Lease includes scheduled 8% rent increases every 5 years; Zero landlord maintenance or expense obligations are listed in the lease terms
