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Retail/Restaurant Center Near University
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1437 East 9 Mile Road, Pensacola, FL 32514

New retail/restaurant center near University of West Florida.

Space SizeContact for details
Days on Market102

Property Features for 1437 East 9 Mile Road

General Information

Standard status Active
Class A
Property subtype Retail, Office, Restaurant

Building Details

Tenancy Multiple

Spaces For Lease

at 1437 East 9 Mile Road Contact us

1437 E Nine Mile

Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Van Horn Development
Listed By: William Van Horn · License #sl3253518
Source: Crexi
Added: May 13 Changed: Aug 8 Last Checked: Aug 22 at 2:15PM

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 Van Horn Development

Investment Insights

Based on property information with market context.

This new construction multi-tenant retail and restaurant center offers 7,500 square feet of space. The center is divided into four suites, each measuring either 2,000 or 1,750 square feet, which can be combined. Drive-thru lanes are engineered into both end-cap suites. The property is located on E. Nine Mile Road, which sees over 44,000 vehicles per day (AADT). It is within walking distance of the University of West Florida, which has over 15,000 students. Surrounding businesses include Pen Air Credit Union, Cook Out, Foosackly's, Krispy Kreme, Burger King, Sonic, and Walmart. The property is zoned Commercial (Com), and drive-thru is permitted. Delivery is vanilla shell. The property is suitable for retail and restaurant businesses.

Key Highlights

  • High traffic location: Over 44,000 AADT on E. Nine Mile Road.
  • Drive‑thru lanes engineered into both end‑cap suites.**
  • New construction 7,500 SF multi‑tenant retail/restaurant center.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Auto Repair Shop Hair Salon Parking Lot & Garage

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

273
Businesses Nearby
92k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 45% Shops & Services 37% Dining 14% Beauty & Spa 4%
Walmart Neighborhood Market Groceries
41,985 visits/mo 0.3 miles
Tom Thumb Food Stores Shops & Services
17,365 visits/mo 0.0 miles
Navy Federal Credit Union Shops & Services
12,845 visits/mo 0.3 miles
Another Broken Egg Cafe Dining
8,122 visits/mo 0.4 miles
Express Oil Change Shops & Services
3,550 visits/mo 0.5 miles

Demographics for 32514, FL

40,844
Population
19,117
Households
2.1
Avg Household Size
39
Median Age
33%
College-Educated
91%
High-School Grad
19.8 sq mi
ZIP Area
2,063
Density / Sq Mi
$66,484
Median Household Income
$36,178
Median Earnings
$1,358
Median Rent
$241,300
Median Home Value

Market

Lease Benchmarks for Pensacola, FL

$15.25 /SF/Yr
Avg Asking Price
$8.5–$23 /SF/Yr
Price Range
7,664 SF
Avg Space Size

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?
Retail space - New retail/restaurant center near University of West Florida.
Where is this retail space located?
The property is located at 1437 East 9 Mile Road Pensacola, FL.
What are key features of this property?
This property features: High traffic location: Over 44,000 AADT on E. Nine Mile Road.; Drive‑thru lanes engineered into both end‑cap suites.**; New construction 7,500 SF multi‑tenant retail/restaurant center.
More about this property
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