E 9 Mile Rd | 2.5 Acre Land Parcel - North Pensacola
Newly constructed dual drive-thru 7 Brew Coffee in Brownwood, Texas, offered at $1,683,000 at a 6.00% cap ($101,000 NOI). The single-tenant asset is secured by a 15-year absolute NNN ground lease with 10% rent increases every five years and zero landlord responsibilities. The structure is fully passive and management-free, which suits out-of-state and 1031 buyers.
Built in 2025, the 510 SF building sits on a 44,431 SF (1.02-acre) C-1 parcel with 12 parking spaces along Commerce Street (US-84/US-377), Brownwood's primary commercial corridor. The trade area is anchored by Walmart Supercenter, Home Depot, and United Supermarkets, with neighboring national QSR brands such as Chick-fil-A, McDonald's, Whataburger, and Starbucks. About 36,000 residents live within ten miles.
- 15-year absolute NNN ground lease with zero landlord responsibilities
- 10% rent increases every five years
- New 2025 construction, dual drive-thru
- Leased-fee ownership; passive, 1031-eligible income
- Anchored corridor alongside Walmart Supercenter and Home Depot
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- 2.5-acre commercial land parcel in Ferry Pass, Pensacola, Florida, offered at $350,000. Zoned Commercial, the vacant site fronts University Parkway with approximately 25,000 vehicles per day, providing strong visibility for retail, office, restaurant, or mixed-use development. The location sits just over one mile from the University of West Florida and less than half a mile from HCA Florida West Hospital, positioning it to capture traffic from the growing residential, educational, and healthcare sectors in the area.
- The parcel is strategically situated in the Ferry Pass area with ample parking potential and direct access to a high-traffic corridor. Its proximity to both the university and hospital, combined with the daily traffic volume, makes it well-suited for businesses serving students, employees, patients, and residents.
- Highlights:
- 25,000 vehicles per day on University Parkway frontage
- Less than 0.5 miles from HCA Florida West Hospital
- Over 1 mile from University of West Florida
- Commercial zoning supports retail, office, restaurant, and mixed-use
- Strategic Ferry Pass location with strong visibility
More property details
Location
This 2.5-acre vacant land parcel offers a prime commercial development opportunity near Nine Mile Road and University Parkway in Pensacola, Florida. Zoned COM, the site accommodates a variety of commercial uses, including retail, office, restaurant, and other business developments. Fronting University Parkway with approximately 25,000 vehicles per day, the property provides excellent visibility and accessibility. Its strategic location, just over one mile from the University of West Florida and less than half a mile from HCA Florida West Hospital, makes it an ideal site for businesses looking to serve a growing residential, educational, and healthcare market.
- Strategic location in Ferry Pass area
- High visibility for retail business
- Ample parking space available