5025 12th Ave
Pensacola, FL 32504
Bonefish Grill: Pensacola, FL · Retail Property For Sale

CBRE' s Net Lease Property Group is pleased to present the opportunity to acquire a 5,615-square-foot freestanding Bonefish Grill situated on 1.30 acres in Pensacola, Florida (Population: 55,015). Pensacola is the county seat of Escambia County and is a principal city of the Pensacola Ferry Pass Brent, FL Metropolitan Statistical Area (Population: 485,684). Built in 2004, Bonefish' s absolute NNN has 14 years of primary term remaining, four 5-year options to renew, and attractive annual rent escalations. The site is ideally situated with excellent access and visibility along North 12th Avenue (Traffic Count: 26,500 VPD), where it is 0.4 miles southwest of the main entrance to Pensacola International Airport (1.6 million annual passengers). The property is adjacent to and shares access with Animal Hospital of Pensacola, Bere' Jewelers, Luxe Home Interiors, Tiger Rock Martial Arts, Benjamin F. Edwards & Co., and the Leisure Club Coffee Bar & Restaurant. In total, the site benefits from its position within a dense retail and commercial corridor comprised of 9.2 MSF of retail, 4.1 MSF of office, 3.8 MSF of industrial, and 5,235 multifamily units within a 3-mile radius. Major retailers within the vicinity include Target, Lowe' s, Home Depot, Winn Dixie, and Sam' s Club.