2405 W 9 Mile Rd | Pensacola, FL 32534
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2405 W 9 Mile Rd
Pensacola, FL 32534
PANERA BREAD · Retail Property For Sale
Investment Highlights
- Brand New Construction – 15-Year Absolute NNN Lease, guaranteed by Panera, LLC, with renewal options.
- Down the street from Navy Federal CU’s new state-of-the-art campus (nearly 360 Acres) that currently employs ±10,000
- Healthy average household income of $86,289 within one mile and growing
- Rental Increases – 8% every 5 years, providing a hedge against inflation, growing cash flow, and improving the overall return.
- Strategically located off W 9 Mile Rd, between Interstate 10 and Major Hwy 29, with direct access to more than 89,500 vehicles per day
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,557 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.21 AC
Zoning
HC/LI
Parking
35 Spaces (9.84 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 11-1S-31-1201-001-001 | Improvements Assessment | $536,407 |
| Land Assessment | $376,358 | Total Assessment | $912,765 |
Property Taxes
Parcel Number
11-1S-31-1201-001-001
Land Assessment
$376,358
Improvements Assessment
$536,407
Total Assessment
$912,765
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