Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1240 Airport Blvd Pensacola, FL 32504

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $35 SF/Yr

    High-traffic location, 7,500 SF, NNN lease.

    Lot size:
    7,500 SF

    Description

    Added:
    Feb 28, 2025
    Days on Market:
    313
    This exceptional 7,500 square foot restaurant space, formerly occupied by Walk-On's, is available for sublease in Pensacola, Florida, starting January 15, 2025. Located at 1240 Airport Blvd, 32504, this single-tenant property offers a prime retail setting with high visibility and ample parking for 90 vehicles. The space is ideal for a thriving dining establishment, boasting a spacious layout designed for restaurant operations. The lease is a NNN (Net, Net, Net) agreement with an annual rate of $35.00 per square foot. This represents a significant opportunity for a restaurant seeking a well-established location with substantial parking and high foot traffic. The property's previous use as a successful restaurant provides a strong foundation for a new tenant. Interested parties should note the lease commencement date of January 15, 2025. This is a sublease opportunity. Inquire for further details.

    Property Features for 1240 Airport Blvd

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    7,500 SF
    Total Parking Spaces
    90
    Elevators
    N/A
    Total Rate
    21875

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 7,500 sq ft restaurant space available for sublease in Pensacola, FL.
    • NNN lease at $35/sq ft annually; available January 15, 2025.
    • High‑traffic location with ample parking (90 spaces) and single‑tenant occupancy.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.214888
    Latitude
    30.481389

    Nearby Similar for Lease

    • $9 SF/Yr
      2,995 SF

      Midtown Pensacola Retail Space

      Prime 2,995 SF retail space, ideal for various uses.
      14 W Jordan St, Pensacola, FL 32501
      View Details
    • $550 /Mo
      200 SF

      Pensacola Office Space: 200 SF Lease

      Prime Pensacola office, short-term lease available.
      21 South Tarragona Street, Suite 103, Pensacola, FL 32502
      View Details
    • $34 SF/Yr
      2,224 SF

      Prime Pensacola Retail Space

      New 2,224 SF retail/office space available.
      620 E 9 Mile Road, Pensacola, FL 32514
      View Details
    • $2,995 /Mo
      3,286 SF

      Pensacola Flex Space: 3286 SF

      Modern Pensacola flex space, ideal for R&D. High-ceiling warehouse space.
      1300 N Palafox St, Suites 101-106, Pensacola, FL 32501
      View Details
    • $30 SF/Yr
      2,648 SF

      Pensacola Bayfront Office Space

      Class A office, stunning bay views, ample parking.
      850 S Palafox St, Pensacola, FL 32502
      View Details
    • $20 SF/Yr
      2,112 SF

      Bayou Blvd Medical Office Suite 4

      Prime Pensacola Medical Office Space
      5120 Bayou Blvd, Pensacola, FL 32504
      View Details
    • $3,600 /Mo
      2,880 SF

      Pensacola Retail Space: High Traffic Location

      Prime Retail Space, 2880 sq ft, NNN Lease
      31 W 9 Mile Rd, Pensacola, FL 32534
      View Details
    • $550 /Mo
      250 SF

      Midtown Pensacola Office Suites

      Modern Pensacola office space, parking included.
      14 W Jordan St, Pensacola, FL 32501
      View Details
    • $20 SF/Yr
      1,056 SF

      Bayou Blvd Medical Office Suite

      1056 SF MedSpa/Office, Pensacola, FL
      5120 Bayou Blvd, Pensacola, FL 32504
      View Details
    • $8 SF/Yr
      46,292 SF

      Pensacola Boulevard Office/Showroom/Warehouse

      46,292 SF office/showroom/warehouse available June 2025.
      8965 Pensacola Blvd, Pensacola, FL 32534
      View Details
    • $2,000 /Mo
      6,182 SF

      Restaurant/Retail Space on High-Traffic Avenue

      Versatile 6,182 SF commercial space suitable for restaurant or retail.
      6403 N 9Th Ave, Pensacola, FL 32504
      View Details
    • $1,500,000
      750 SF

      Pensacola Office/Retail Suites For Lease

      Newly renovated office and retail suites available for lease.
      2210 E Olive Rd, Pensacola, FL 32514
      View Details

    FAQs

    What type of property is this?
    Other retail property - High-traffic location, 7,500 SF, NNN lease.
    Where is this other retail property located?
    The property is located at 1240 Airport Blvd Pensacola, FL.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 7,500 sq ft restaurant space available for sublease in Pensacola, FL.; NNN lease at $35/sq ft annually; available January 15, 2025.; High-traffic location with ample parking (90 spaces) and single-tenant occupancy.
    (850) 434-7500
    Request Owner's contact information
    1240 Airport Blvd Pensacola, FL 32504
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1240 Airport Blvd
    Pensacola, FL 32504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1240 Airport Blvd Pensacola, FL 32504
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.