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.
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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

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

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