Krispy Kreme NNN Property For Sale — Pensacola, FL
1730 E Nine Mile Road, Pensacola, FL 32514
This Krispy Kreme property offers a new 20-year Triple Net (NNN) lease with no landlord responsibilities, providing a secure, long-term investment. The lease is corporately guaranteed by Krispy Kreme Corporation, a global brand with over 1,400 locations. This newly constructed prototype building includes a convenient drive-thru and is strategically located in a high-growth area of Pensacola, Florida. The site benefits from excellent demographics, substantial traffic counts on East Nine Mile Road, and proximity to major institutions like the University of West Florida and West Florida Hospital. The vibrant retail corridor features numerous national tenants, enhancing the property's investment appeal in an income-tax-free state.
- Address: 1730 E Nine Mile Road, Pensacola, FL 32514
- Asking price $3.94M
- 5.45% cap rate
- NOI $215,000
- 19 years remaining
- NNN lease
Asset type: Retail, Restaurant