Nine Mile Road Restaurant Site Available

Retail-Commercial for Sale
Catylist Listing ID: 29932931
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 6,364 SF
Gross Land Area: 2.81 Acres
Sale Price: $1,625,000
Unit Price: $255.34 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Cock of the Walk
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2019

Overview / Comments

Former restaurant/sports bar for sale on E. Nine Mile Road in Pensacola, Florida. This 6,364 square foot structure is situated on 2.81 acres, directly in front of Koh'ls department store and next door to Target and Publix. Other retailers in the the area include Starbuck's, Sonic drive-in, Subway, Chick-fil-A, Panda Express and many others. The floor plan offers a large main dining room, private dining/bar VIP room, as well as a newly constructed bar with multiple taps and keg cooler. The kitchen and prep areas are oversized, providing adequate room to accommodate a large staff. The exterior includes a wrap-around porch that oversees a private catfish and duck pond. The site also offers adequate parking with in excess of 100 spaces. The site is in close proximity to the University of West Florida and two major hospitals. Also for lease at $6,500 per month NNN.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County Tax Collector
Tax ID/APN: 14-1S-30-4101-007-001 & 14-1S-30-4101-011-001
Zoning: COM
Retail Clientele: Business
Property Visibility: Excellent
Largest Nearby Street: 9 Mile Rd
Feet of Frontage: 307
Traffic/Vehicle Count: 35,000
Highway Access: 9 Mile Rd. & Baldridge Drive
Airports: Pensacola International
Site Description: Nine Mile Road and University Parkway.
Area Description: Heavy Retail.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,364 SF
Property Condition: Good
Year Built: 1999
Year Renovated: 2018
Roof Type: Arched
Construction/Siding: Wood Siding
Total Parking Spaces: 100
Parking Type: Surface
Parking Description: Paved
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: COM
Lot Frontage: 307
Lot Depth: 360
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Ingress/Egress
Easements Description: Gulf Power to service light poles. Ingress/Egress granted to Kohl's department store.
Land Ownership: In File
Legal Description: In File

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,738 50,879 117,737
Median Age: 35.24 36.37 38.56
Households: 2,972 21,311 47,624


Photograph of Listing Agent

Gerald McArthur, SIOR

Gerald McArthur, Gulf Coast Real Estate Advisors, LLC
Gulf Coast CMLS Member
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