Listing Agency: Kimco Realty - Corporate o***@gmail.com Show Phone

Listed By: Spencer Phelps

Source: Moodyscre

Added: Jul 3, 2024 Changed: Jul 6 Last Checked: Jul 21 at 4:04AM

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Investment Insights

Based on property information with market context.

Located within the University Town Center, this retail space offers 1,400 square feet. The University Town Center is positioned on University Parkway and Nine Mile Road, a high-traffic area within Pensacola. The property is suitable for retail use.

Key Highlights

• Top retail center in Pensacola
• Located on heavily traveled University Parkway
• Located on Nine Mile Road

Property Analytics

Property Profile

Current Use

Firehouse Subs Pensacola ... Take-out & Catering Wild Honey Frozen ... Cafe & Coffee Shop Nori Japanese Sushi ... Restaurant Yummy poke & Bubble ... Restaurant VIPcare Pensacola - Nine ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Repair Shop Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

597

Businesses Nearby

474k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 44% Superstores 18% Shops & Services 14% Groceries 11%

Target Superstores

85,858 visits/mo 0.1 miles

Publix Groceries

51,156 visits/mo 0.1 miles

Kohl's Apparel

47,572 visits/mo 0.2 miles

Chick-fil-A Dining

46,091 visits/mo 0.1 miles

Foosackly's Dining

29,194 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Retail space available in Pensacola's University Town Center.

Where is this shopping center located?

The property is located at 1741 E 9 Mile Rd Pensacola, FL.

What are key features of this property?

This property features: Top retail center in Pensacola; Located on heavily traveled University Parkway; Located on Nine Mile Road