Shopping Center with National
For Sale
Contact for pricing
Pending
5020 Bayou Blvd, Pensacola, FL 32503
Retail center offers prominent signage, Bayou Blvd access, and a mix of established national occupants.
Property SizeContact for details
Lot Size2.06 Acres
Days on Market143
Property Features for 5020 Bayou Blvd
General Information
Standard status
Pending
Lot size
2.06 Acres
Property subtype
Retail
Additional Details
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Orlando
(407) 557-3834
Listed By:
Tarek Chbeir · License #SL3449535
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 6:03PM
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 Marcus & Millichap - Orlando
Investment Insights
Based on property information with market context.
This Class A shopping center contains just under 20,000 rentable square feet on 2.06 acres at 5020 Bayou Blvd in Pensacola. The tenant mix includes a Chick-fil-A ground lease alongside Firehouse Subs, T-Mobile, and European Wax Center. Prominent signage and the property’s position within the primary retail corridor support its commercial profile.
The center sits across the street from a Target and Winn-Dixie anchored shopping center and functions as a shadow anchor to Cordova Mall, which attracts over 8 million annual visitors. Bayou Blvd records over 23,000 vehicles per day. The property has remaining vacancy, with a projected stabilized cap rate of 7.27% by year two. More than 140,000 residents live within a 5-mile radius, while average household income exceeds $71,000 within 3 miles.
The center sits across the street from a Target and Winn-Dixie anchored shopping center and functions as a shadow anchor to Cordova Mall, which attracts over 8 million annual visitors. Bayou Blvd records over 23,000 vehicles per day. The property has remaining vacancy, with a projected stabilized cap rate of 7.27% by year two. More than 140,000 residents live within a 5-mile radius, while average household income exceeds $71,000 within 3 miles.
Key Highlights
- Just under 20,000 rentable square feet on 2.06 acres
- Chick‑fil‑A ground lease plus Firehouse Subs, T‑Mobile, and European Wax Center
- Shadow anchor to Cordova Mall, which attracts over 8 million annual visitors
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,725
Businesses Nearby
932k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Apparel 20%
Superstores 12%
Groceries 10%
Target
Superstores
108,492 visits/mo
0.3 miles
DICK'S Sporting Goods
Apparel
80,821 visits/mo
0.3 miles
Publix
Groceries
62,713 visits/mo
0.5 miles
Best Buy
Electronics
57,560 visits/mo
0.4 miles
Chick-fil-A
Dining
57,539 visits/mo
0.1 miles
Demographics for 32503, FL
33,693
Population
14,419
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
2,674
Density / Sq Mi
$67,654
Median Household Income
$32,077
Median Earnings
$1,226
Median Rent
$270,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail center offers prominent signage, Bayou Blvd access, and a mix of established national occupants.
Where is this shopping center located?
The property is located at 5020 Bayou Blvd Pensacola, FL.
What are key features of this property?
This property features: Just under 20,000 rentable square feet on 2.06 acres; Chick‑fil‑A ground lease plus Firehouse Subs, T‑Mobile, and European Wax Center; Shadow anchor to Cordova Mall, which attracts over 8 million annual visitors
