6501 Davis Hwy Pensacola, FL 32504-6956

This exceptional investment opportunity presents a 4,122 square foot, single-tenant net lease property located at 6501 N Davis Hwy, Pensacola, Florida 32504. The property, built in 1998 and situated on a 1.07-acre lot (APN: 301S306502000002), is zoned HC/LI and features a single-story building. Currently occupied by a Shrimp Basket restaurant, part of an 18-unit seafood chain with corporate ownership by Artistry Restaurant Group, this Class A property boasts a 100% occupancy rate. The lease, commenced August 1, 2016, and expiring July 31, 2030, offers a remaining term of approximately 5.7 years. The tenant is backed by a corporate guarantee, providing significant security. The property generates a substantial net operating income (NOI) of $130,454, resulting in an attractive 7.50% cap rate. The asking price is $1,739,387, translating to $421.98 per square foot. The location benefits from high visibility, with an average annual daily traffic count of 33,500 vehicles. This is a rare opportunity to acquire a stable, high-performing net lease investment in a prime retail location.