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Multi-Tenant Retail Center with Vacant Parcel
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6508-6516 W Jackson St, Pensacola, FL 32506

Fully renovated retail center on a signalized corner with four access drives, drive-around capability, and an adjacent vacant parcel included.

Property Size20,967 SF
Lot Size2.45 Acres
Price / SF$54.85
Days on Market451

Property Features for 6508-6516 W Jackson St

General Information

Standard status Active
Size 20,967 SF
Lot size 2.45 Acres
Property subtype RETAIL
Zoning HCD

Financials

Cap Rate 8.8%
Business Included No

Building Details

Tenancy Multi
Listing Agency: NAI Pensacola
Listed By: Cameron Cauley, SIOR MiCP CCA
Source: Moodyscre
Added: May 9, 2025 Changed: Jul 28 Last Checked: Aug 2 at 4:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Pensacola

Investment Insights

Based on property information with market context.

Marketplace Plaza is a fully renovated 18,912 SF, multi-tenant retail center offering a signalized corner location at 6508–6516 W Jackson St and 65th Avenue. The property provides four access drives and full drive-around capability, with strong frontage for customer and delivery convenience. Recent capital improvements include a new roof, HVAC, electrical and plumbing systems, updated signage, refreshed finishes, and a resurfaced parking lot.

The center is located on 2.45 acres and is zoned HCD. Long-term tenancy is in place, including a stated new 5-year supermarket lease. The sale also includes an adjacent vacant parcel, adding flexibility for future expansion, with future sewer access anticipated through the Jackson Street corridor improvement project.

The offering is presented at an estimated 8.8% cap rate based on stated NOI.

Key Highlights

  • Marketplace Plaza: fully renovated 18,912 SF multi‑tenant retail center at the signalized corner of Jackson Street and 65th Avenue
  • On 2.45 acres zoned HCD, with strong frontage, four access drives, and full drive‑around capability for tenant, customer, and delivery access
  • Recent capital improvements include new roof, HVAC, electrical and plumbing systems, updated signage, refreshed finishes, and a resurfaced parking lot

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Building Supply

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

163
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32506, FL

36,017
Population
16,625
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
88%
High-School Grad
30.6 sq mi
ZIP Area
1,177
Density / Sq Mi
$59,978
Median Household Income
$36,216
Median Earnings
$1,280
Median Rent
$200,500
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully renovated retail center on a signalized corner with four access drives, drive-around capability, and an adjacent vacant parcel included.
Where is this shopping center located?
The property is located at 6508-6516 W Jackson St Pensacola, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Marketplace Plaza: fully renovated 18,912 SF multi‑tenant retail center at the signalized corner of Jackson Street and 65th Avenue; On 2.45 acres zoned HCD, with strong frontage, four access drives, and full drive‑around capability for tenant, customer, and delivery access; Recent capital improvements include new roof, HVAC, electrical and plumbing systems, updated signage, refreshed finishes, and a resurfaced parking lot
(850) 291-3341 Call to check price and availability
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