Property summary
This exceptional investment opportunity presents a newly constructed (2024) Panera Bread restaurant in Pensacola, Florida, boasting a 15-year absolute NNN lease with a corporate guarantee from Panera, LLC. The 3,557 square foot building sits on a 1.2-acre lot and features a drive-thru and outdoor seating, maximizing customer convenience. Located on a high-traffic section of West 9 Mile Road, this property benefits from its proximity to Interstate 10, a new Navy Federal Credit Union campus,… Ransley Station development, Naval Air Station Pensacola, and the University of West Florida, ensuring a consistent flow of customers. The lease commenced October 14, 2024, and expires October 31, 2039, offering a substantial remaining term of 15 years. The property's strong location, coupled with the established brand recognition of Panera Bread and the favorable lease terms, makes this an attractive investment with a 5.00% cap rate and a Net Operating Income (NOI) of $168,875. The asking price is $3,378,000. Rent bumps are included in the lease agreement. This is an ideal opportunity for passive investors seeking a stable, high-performing asset in a rapidly growing market. The property's modern design incorporates energy-efficient materials and systems, optimizing operational efficiency. Ample parking and excellent visibility contribute to its strong potential for long-term value appreciation. This offering is structured for a 1031 exchange.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1.2 ac
- Year built
- 1966
- Stories
- 1
- APN
- 11-1S-31-1201-001-001
- Zoning
- HC/LI
- Assessed value · 2023
- $189,720
- Annual tax · 2023
- $2,532
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.