7130 N Davis Hwy Pensacola, FL 32504

Property Details for 7130 N Davis Hwy

Year built

1977

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.92 lot acres

Property size

4,122 SF

Zone code

COM

Property type

Drive through restaurants

APN

30-1S-30-2404-000-000

APU

301S302404000000

Description

This free-standing, single-story restaurant building in Pensacola, Florida, presents a compelling owner-user or investment opportunity. Located at 7130 N Davis Hwy, this 5,208 square foot property sits on a 0.92-acre lot and boasts a prominent location on a high-traffic road (42,500 vehicles per day) with convenient access to I-10 Exit 13. The building, constructed in 1974 and renovated in 1980, features a drive-thru, two curb cuts, and ample parking for 45 vehicles. Currently operating as a 100% occupied Tu Do Vietnamese Restaurant, the property offers a pro-forma NOI of $108,000 and a pro-forma cap rate of 7.20%. The asking price is $1,500,000, translating to $288.02 per square foot. The property includes a large monument sign and is zoned HC/LI, allowing for multiple uses. Its strategic location places it near major retailers such as BJ's Wholesale, JC Penney, Verizon, and Academy Sports, as well as numerous restaurants and hotels. The building itself has a bar area and can seat up to 250 people. This is a rare opportunity to acquire a well-positioned, established restaurant with significant upside potential in a thriving commercial area. The property's features, high visibility, and strong surrounding demographics make it an attractive investment.

Location Insight

City

Pensacola

County

Escambia

State

Florida

Longitude

-87.2211

Latitude

30.4985

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments