Investment Sale: Newk’s Eatery | Florida

For Sale

5060 Bayou Blvd, Pensacola, FL 32503

This Pensacola property for sale is located at 5060 Bayou Blvd. The current listed sale price for Investment Sale: Newk’s Eatery | Florida is $2,307,692. Investment Sale: Newk’s Eatery | Florida is situated on a lot that is 0.8 acre in size.

Contacts

broker
Michael Carro

SVN | Southland Commercial

Property Details

  • Property Type Retail - Restaurant
  • Property Size 6,232 SF
  • Lot Size 0.8 Acre
  • Property Tenancy Single Tenant
  • Year Built 1976
  • Year Renovated 2010
  • Date Updated Mar 13, 2025
Prime Outparcel at Cordova Mall, Pensacola’s top retail destination. This location boasts a strong national tenant with 10 years remaining on the lease. Surrounded by top-tier retailers, and across the street from Sacred Heart Hospital, Pensacola State College and Pensacola International Airport, this is a rare opportunity to own a high-performing asset in a premier retail corridor.Prime Outparcel at Cordova Mall, Pensacola’s top retail destination. This location boasts a strong national tenant with 10 years remaining on the lease. Surrounded by top-tier retailers, and across the street from Sacred Heart Hospital, Pensacola State College and Pensacola International Airport, this is a rare opportunity to own a high-performing asset in a premier retail corridor.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • CAP Rate: 6.5%
  • Lease Type: NNN
  • NOI: $150,000
  • Prime Outparcel at Cordova Mall in Pensacola, FL with On Site Parking
  • Remaining Term: 10 years (Been open since 2010)
  • Strong Traffic with 29,000 AADT on 9th Ave & 24,500 on Bayou Blvd
  • Tenancy: Single | 100% Occupancy
  • Tenant Credit: Corporate Guarantee | Newk’s Eatery

Getting around

  • 55/100

    Walk Score ®

  • 28/100

    Transit Score ®

  • 41/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Pensacola, FL
  • Neighborhood Cordova Park
  • Zip Code 32503
  • Market Pensacola

Points of Interest

  • Pensacola

    3.80 miles

  • Shell

    0.48 miles

  • Tom Thumb

    0.62 miles

  • RaceWay

    1.19 miles

  • Cumberland Farms

    1.59 miles

  • BJ's Gas

    1.93 miles

  • A & E Food Market

    2.19 miles

  • BP

    2.37 miles

  • Exxon

    2.37 miles

  • ChargePoint

    2.61 miles

  • Parking Lot J

    0.13 miles

  • Parking Lot K

    0.18 miles

  • Parking Lot I

    0.23 miles

  • Bayou Boulevard Garage

    0.25 miles

  • Parking Lot G2

    0.29 miles

  • 9th Avenue Garage

    0.31 miles

  • Parking Lot F

    0.32 miles

  • Parking Lot M

    0.37 miles

  • Parking Lot E

    0.38 miles

  • Parking Lot C

    0.40 miles

  • Newk's

    0.00 miles

  • Chicken Salad Chick

    0.03 miles

  • Olive Garden

    0.09 miles

  • KFC

    0.10 miles

  • BJ's

    0.11 miles

  • Chick-fil-A

    0.11 miles

  • Whataburger

    0.13 miles

  • Red Lobster

    0.15 miles

  • Panera Bread

    0.16 miles

  • McDonald's

    0.18 miles

  • Dillard's

    0.11 miles

  • Cordova Mall

    0.22 miles

  • Belk

    0.24 miles

  • Ross

    0.26 miles

  • Publix

    0.26 miles

  • Winn-Dixie

    0.27 miles

  • Target

    0.36 miles

  • The Fresh Market

    0.59 miles

  • Marshalls

    0.61 miles

  • MEREFA, LLC

    0.95 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Michael Carro

SVN | Southland Commercial

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.