Zaxbys

Highlights:

• 20-year initial lease term, with approximately nine years remaining through May 31, 2035
• Zero landlord maintenance or expense responsibilities
• Five (5), 5-year renewal options
• Personal Guaranty – 20-year multi-brand franchisee, including Zaxbys and other QSR’s
• Fronts East Nine Mile Road (SR 10/US Highway 90 Alternate) with direct access to the I-10 interchange
• Access to a newly opened Costco (172,580 SF warehouse club) with a fuel station and tire center, reinforcing the corridor’s position as a strong regional retail destination
• Strong demos – 112,730 residents and average household income $91,352 within a 5-mile radius of the subject property
• Close proximity to the University of West Florida (15,000+ students) and Pensacola State College (~9,500 students)
• Navy Federal Credit Union’s Pensacola Campus employs nearly 10,000 people (~5 miles from subject property)

Description:

Situated along East Nine Mile Road (SR 10/US Highway 90 Alternate), the primary commercial corridor connecting Pensacola’s northern suburbs, this freestanding, single-tenant Zaxbys offers direct highway visibility and proximity to a dense concentration of national retailers, including access to a Costco that opened in June 2026. The offering is structured as an absolute NNN lease with zero landlord maintenance or expense responsibilities. It is located within a market backed by significant institutional employment, infrastructure investment, and steady county-level population growth.

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