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Former Popeye's - Pensacola, FL

$1,650,000

814 E Cervantes St, Pensacola, FL 32501

Active
Last Updated: 08/07/2026

2,269 sqft

Building Size

0.559 acres

Lot Area

Details:
Building Size:    2,269 sqft
Lot Area:    0.559 acres
Units:    1
Year Built:    2001
Floors:    1
Highlights:
  • Existing drive-thru
  • ±26,500+ AADT on E. Cervantes St. (US-90)
  • Near the signalized corner at Cervantes St. & N. 8th Ave.
  • I-110 less than 0.5 mile away, carrying ±59,000 AADT
Description:

Available for sale this 2,269 SF freestanding, single-tenant restaurant building with a drive-thru, located on a ±0.559-acre site near the signalized intersection of E. Cervantes Street (U.S. Highway 90) and N. 8th Avenue in Pensacola, FL. The building includes 23 on-site parking spaces (21 standard, 2 ADA-accessible) and benefits from multiple points of ingress/egress via E. Cervantes St., N. 8th Ave., and E. Strong St.

814 E. Cervantes Street offers a rare opportunity to acquire a freestanding, drive-thru-equipped QSR building on one of Pensacola's most established commercial corridors. Positioned near the signalized intersection of E. Cervantes Street (U.S. Highway 90) and N. 8th Avenue, the site sits squarely between historic Downtown Pensacola and the highly desirable East Hill neighborhood — two of the city's strongest submarkets.

The immediate trade area is anchored by nationally recognized retailers, including a Publix-anchored center just two blocks east, along with McDonald's, Walgreens, and Krispy Kreme, underscoring the corridor's long-term staying power for QSR and retail users. E. Cervantes Street feeds directly into I-110 at the Cervantes Street exit, connecting the property to I-10 and the broader Pensacola-Gulf Coast interstate network within minutes.

With a drive-thru, ample parking, and multiple points of access already in place, this freestanding building is ready for an operator to move in and capture the daily commuter and neighborhood traffic that defines this corridor.

Map:
1 Space Available

Former Popeye's Free Standing

Available:
Immediately
Sublease:
No
SQFT
2,269
Lease Rate:
$135,000/yr
Lease Type:
Gross
Documents:
Title
Former Popeye's - OM
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Location
Gallery