Commercial Real Estate Opportunities of the Week
Powered by Elite International Realty Commercial and Business Division
The Commercial and Business Division was created by Elite International with the intention of specializing in the sales of income generating commercial and business properties. Elite has a team of dedicated commercial Realtors whose only task is to research, study and introduce to our clients these unique opportunities. There are properties in every price range and various categories, including Triple-Net, Multifamily buildings, warehouses, vacant land as well as hotels and a variety of businesses for sale.
NNN Popeyes - Crestview (Pensacola), FL  
  • Price: US $ $2,292,000
  • Property Type: Free standing                   
  • Occupancy: 100%
  • CAP: 5.75%
  • Building Area: approx. 2,265 SF =210 m²
  • Lot: approx. 30,056 = 2,751 m²
  • NOI: US $131,839 Final rent amount will be determined from final construction costs, not to exceed $131,839
  • Annual Expenses: 0 (Zero) NNN- Tenant responsible for all expenses including property tax, insurance and maintenance
  • Contract Terms: 15 years Estimated Opening date of March 2019
  • Increases: 10% every 5 year
  • Extensions: 5- 5 years’ options
  • Guarantor: Franchisee – SAILORMEN, INC. (Founded in 1987, is a Popeyes franchisee headquartered in Miami FL that currently operates 130+ unit Popeyes in Florida, Georgia. Alabama, Mississippi and Louisiana. Sales for 2016 exceeded $185 million. The ownership group has several other restaurant interests including Taco Bell and Burger King, stores count is currently 175+ restaurants with revenues of over $250 million.
  • Location: Popeyes is located along Ferdon Blvd. "State Rd. 85" (52,000 VPD), just south of I-10 (18,000 VPD) in Crestview, FL. Close proximity to popular and famous beaches of Destin and Emerald Bay. Close to numerous nationally known retail brands to the trade area including Walmart, Lowe's,  Beall's, Publix, Walgreen's, Big Lots, Advanced Auto, Dollar General, Cracker Barrel, Hooter's, Wendy's, Arby's, Waffle House, and many more
Daniel Ickowicz
Director of Sales
Elite International Realty
Office: 305-940-6611
Cell:  +1(786) 443-4424
Fax: 305-940-6615
E-mail : i nfo @eliteinternational.com

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