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Restaurant Business is Our Business

The Restaurant Realty Network is a Pensacola-based real estate organization that specializes in site selection for local, regional and national restaurant chains and the sale of existing restaurant businesses. In addition we list surplus properties and select sub-leases as well as assist clients with restaurant development and financing advice through our recommended vendor links.

Whether you are an individual planning to open a restaurant, a chain adding numerous units, an organization needing to sell or lease excess properties or a landlord seeking the right mix of dining establishments, The Restaurant Realty Network is uniquely positioned to give you the competitive edge so critical in a sophisticated restaurant marketplace.

Why do I need The Restaurant Realty Network?
Just as different restaurants are unique in style, menu, ambiance and demographic appeal, so too are the many business issues restaurateurs face in an increasingly competitive market. In response, The Restaurant Realty Network was created to provide the restaurant industry with professional services for the special challenges found in every aspect of restaurant real estate.

  • Focuses on restaurant brokerage
  • Understands the latest trends in the restaurant industry
  • Understands restaurant real estate with it’s special characteristics and requirements
  • Knows the local real estate market
  • Knows the local restaurant market in terms of competition, leasing activity, comparable leases and sales
  • Identifies opportunities and secures properties or restaurants that are not officially on the market
  • Has experience national restaurants and understands what is required to move a deal through their organizations
  • Is experienced in lease negotiations and the unique clauses associated with restaurant leases (use, percentage rent, gross sales definition, landlord's work, tenant improvement allowance, etc.)
  • Is able to refer you to the best local restaurant industry vendors
  • Can assist with local approvals for zoning, health department and liquor licenses
  • Provides Site location analysis and demographics
  • Lease or purchase negotiations
  • General restaurant consulting

TheRestaurantRealty.com with NAI Halford and NAI Global is defining standards for restaurant real estate brokerage and is committed to service, dedication to excellence and personal commitment to each and every client.

NAI Halford and NAI Global

  • Uniqueness - We are the world’s only managed network of commercial real estate firms.
  • Local Insight - We have deep local knowledge. We know not only what is available, but what might be available.
  • Global Breadth - We have offices around the world that represent the most respected names in their markets.
  • Network Synergy - We work together. The innovative organizational structure of NAI facilitates highly collaborative and effective solutions delivery.

Our Goal to provide an experienced team across the United States to assist restaurateurs, developers, landlords and lenders with every aspect of restaurant real estate brokerage and/or consulting services.

Our Realtors are member of the International Council of Shopping Centers & The National Restaurant Association and are committed to establishing an awareness of the specialized area of brokerage and consulting that deals with all phases of the restaurant industry.

About Michael
Michael Carro, Broker Associate is a Commercial Realtor Licensed in Florida and Alabama. He is a member of the Florida Restaurant and Lodging Association as well as the National Restaurant Association. Prior to joining NAI Halford, Northwest Florida’s leading Commercial Real Estate Firm based in Pensacola, he oversaw the acquisition of 120 restaurant locations for a National Burger Chain Franchisee.

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Michael Carro, GRI
24 N. Tarragona Street
Pensacola, FL 32502
850-430-1507 Direct
850-380-3344 Cell
866-286-1459 Fax
mcarro@naihalford.com