Subject property is located on US Highway 98 with 256' on Hwy 98 across from Pensacola Naval Hospital and the Veteran's Affairs Clinic. This 5,137 SF restaurant has a dedicated bar area and an additional 907 SF outside covered patio. It has a sprinkler system and monitored fire system. Fully furnished, the existing furniture, fixtures, and equipment are available for new tenant use. Property site is within a 2-mile distance of multiple regional and national chains such as Chick-fil-A, Walmart, and Dunkin Donuts. The new owner intends to paint the exterior, improve landscaping, and renovate the interior as needed. Modified Gross Rate has Landlord paying for building insurance and property taxes. The property is under a purchase contract with any new Lease to be effective only after Closing.
Any Lease Agreement is contingent upon Delta Fox Capital, LLC (Landlord) closing on the property and will only be effective after closing. Closing should occur no more than 45 days from any negotiated Lease Agreement.
