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165 E Nine Mile Rd
Pensacola, FL 32534
Applebee's: Pensacola, FL · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,952 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.50 AC
Zoning
HC/LI
Parking
108 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
261’ on E Nine Mile Rd

Amenities

  • Pylon Sign
  • Signage

About 165 E NINE MILE RD , PENSACOLA, FL 32534

The CBRE Net Lease Property Group is pleased to exclusively offer a 5,952-square-foot freestanding Applebee’s situated on 1.50 acres in Pensacola, FL (MSA Population: 485,684). Applebee’s absolute net lease has ±15.4 years of primary lease term remaining with annual rent increases (lesser of 1.50% or 1.25x change in CPI) throughout the term and in each of the four 5-year renewal options. The property is ideally positioned with excellent access and visibility along East 9 Mile Road (Traffic Count: 37,000 VPD), just 0.5 miles east of the on-ramp to Pensacola Boulevard (Traffic Count: 43,000 VPD), which provides direct access to Downtown Pensacola (9 miles south). The property is also immediately adjacent to McDonald’s, is an outparcel to AMC Theatres, and is directly across from Hancock Bank, The Tin Cow, Barrow Fine Furniture and Whataburger.

Property Taxes

Property Taxes

Parcel Number
11-1S-30-1101-006-040
Land Assessment
$529,068
Improvements Assessment
$620,274
Total Assessment
$1,149,342
  • Listing ID: 9528327

  • Date on Market: 10/11/2017

  • Last Updated:

  • Address: 165 E Nine Mile Rd, Pensacola, FL 32534

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