Marcus & Millichap is pleased to exclusively present a rare investment opportunity to acquire a 62-room Fairfield Inn with strong operational upside and a pivotal location along Interstate 10 near downtown Pensacola, Florida. 7325 N Davis Highway in Pensacola, Florida, was constructed in 1995 on a 0.85-acre lot with C-2 commercial zoning. The property is a three-story, 62-unit interior corridor hotel ideally located in a prime tourist destination just minutes from the renowned white beaches of the Gulf of Mexico. The Fairfield Inn provides guests with desirable amenities, including complimentary Wi-Fi, parking, a daily breakfast buffet, an indoor swimming pool, a functional fitness facility, a business center, an on-site convenience store, and more. The subject property has secured verbal pre-approval for franchise opportunities with Best Western, Choice, Hilton, IHG, Marriott, and Wyndham.
7325 N Davis Highway is strategically positioned at the bustling junction of Interstate 10 and Route 291/N Davis Highway, a highly trafficked part of Pensacola with daily traffic counts above 67,500. There are countless restaurants in the immediate vicinity, including Texas Roadhouse, Moe's Southwest Grill, Pounders Hawaiian Grill, Cheddar's Scratch Kitchen, Jim 'N Nick's Bar-B-Q, Bubba's 33, and more. Retailers like JCPenney and Academy Sports are also within walking distance.
Pensacola is a dynamic Gulf Coast Florida city with a bright future. Situated in the western portion of the Florida Panhandle, Pensacola has warm weather and sandy beaches that draw visitors to the region. The population for the Pensacola metro is projected to hover around 517,000 by 2027, a 5% growth from 2022. The local economy is driven by the military, defense industry, tourism, and healthcare. The U.S. Navy has a large presence in the Pensacola metro, and the Naval Air Station Pensacola, Training Center Corry, Naval Air Technical Training Center, Naval Air Station Whitting Field, and Naval Hospital Pensacola are all in the city. Although the median income falls behind the national level, a relatively low cost of living contributes to a homeownership rate that is greater than the national average. With the University of West Florida and Pensacola Christian College attracting a combined 19,000+ students to the area, Pensacola offers abundant opportunities for higher education.
The Fairfield Inn at 7325 N Davis Highway in Pensacola, Florida, is an excellent investment opportunity with operational upside and an unbeatable location near the heart of Pensacola.
Property tours will be held on 1/8, 1/21, & 1/22. Please reach out to Brenden DeLuke to schedule. 646-581-5724
