5309 Davis Hwy Pensacola, FL 32503-2005

Property Details for 5309 Davis Hwy

Year built

2007

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

12.33 lot acres

Property size

122,411 SF

Zone code

COM,HC/LI

Property type

Retail space

APN

48-1S-30-2115-000-001

APU

481S302115000001

Description

This exceptional investment opportunity presents a brand-new, 510-square-foot 7 Brew Coffee shop situated on a 0.97-acre lot in Pensacola, Florida. The property boasts a prime location as an outparcel to a Home Depot-anchored shopping center, benefiting from high visibility and traffic volume at the signalized intersection of Davis Highway & Brent Lane (combined ~71,570 vehicles per day). The absolute NNN ground lease, guaranteed by 7 Brew Enterprises, LLC, runs for 10 years commencing December 31, 2024, and expiring January 30, 2035, with 10% rent bumps every five years. The property features 13 parking spaces and enjoys 100% occupancy. The current Net Operating Income (NOI) is $91,100, yielding a 5.75% cap rate. This single-tenant building, constructed in 2025, is part of a thriving retail corridor, close to major amenities including Cordova Mall, Ascension Sacred Heart Hospital, Baptist Hospital, and numerous other retail centers, schools, and colleges. The property benefits from its location in a high-traffic area with a dense population (over 63,000 residents within a 3-mile radius) and proximity to Pensacola International Airport and Pensacola State College. The lease includes five, 5-year renewal options, providing long-term stability and growth potential. This is a rare opportunity to acquire a high-performing asset in a rapidly growing market, within an income tax-free state. The asking price is $1,584,000.

Location Insight

City

Pensacola

County

Escambia

State

Florida

Longitude

-87.2274

Latitude

30.4754

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments