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4758 Highway 90
Pace, FL 32571

$3,000,000 USD

Restaurant For Sale  •  6,000 SF

Property Details

• Property Type Restaurant
• Total Building Size 6,000 SF
• Lot Size 1.6 AC
• Building Class B
• Year Built 2024
• Tenancy Single

0 Transit Score

54 Walk Score

Highlights

New 10-year absolute NNN ground lease to Longhorn Steakhouse, one of the largest steakhouse chains in the U.S.

10% rental increases every five (5) years in initial term and option periods, offering projected growth over a long-term investment

In March 2024, the American Customer Satisfaction Index (ACSI) shows LongHorn Steakhouse reached the 80% mark in “net favorability toward taste

Same-restaurant sales grew 4% year-over-year at LongHorn Steakhouse in Q1 2024

Amenities

• Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Pensacola International	26 min	-	14.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	125
Type:	Surface
Included in Rent:	Yes