Renovated Retail Space on
For Lease
Contact for pricing
23 N Navy Blvd, Pensacola, FL
2,200 SF retail space with high traffic exposure.
Property Size2,200 SF
Lot Size0.50 Acres
Days on Market405
Property Features for 23 N Navy Blvd
General Information
Standard status
Active
Size
2,200 SF
Lot size
0.50 Acres
Property subtype
RETAIL
Listing Agency:
Neal & Company, LLC
(850) 384-8292
Listed By:
Susan Carroll, CCIM
(850) 384-8292
Source:
Moodyscre
Added: Jun 23, 2025
Changed: Jul 10
Last Checked: Jul 21 at 5:22AM
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 Neal & Company, LLC
Investment Insights
Based on property information with market context.
This property offers 2,200 square feet of retail space with significant exposure on Navy Boulevard. The unit has been recently renovated and is suitable for various business types, including retail or office use. Situated near the intersection of Navy Boulevard and Gulf Beach Highway/Barrancas Avenue, the location benefits from a daily traffic count of 26,000 vehicles. Note that the property experienced a few inches of water intrusion in June 2023 due to heavy rainfall. The location is not within a flood zone, and there were no prior flood insurance claims before this incident. The landlord will cover a tenant's flood insurance policy claim deductible in the event of a future flood.
Key Highlights
- High traffic location (26,000 daily traffic) near Navy Blvd & Gulf Beach Hwy/Barrancas Ave intersection.
- Recently renovated 2,200 SF retail space.
- Great exposure to Navy Blvd.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Home Improvements & Furnishings 28%
El Agave
Dining
4,745 visits/mo
0.4 miles
City Electric Supply
Home Improvements & Furnishings
1,878 visits/mo
0.3 miles
Market
Lease Benchmarks for Pensacola, FL
$16.28 /SF/Yr
Avg Asking Price
$8.5–$23 /SF/Yr
Price Range
17,558 SF
Avg Space Size
This space is priced 23% below the average of $16.28 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 2,200 SF retail space with high traffic exposure.
Where is this retail space located?
The property is located at 23 N Navy Blvd Pensacola, FL.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: High traffic location (26,000 daily traffic) near Navy Blvd & Gulf Beach Hwy/Barrancas Ave intersection.; Recently renovated 2,200 SF retail space.; Great exposure to Navy Blvd.
