Search
Retail Space with Ground Lease
For Sale
Contact for pricing

5170 N 9th Ave, Pensacola, FL 32504

Chili's-associated retail space offered under a ground lease structure.

Property Size5,138 SF
Days on Market145

Property Features for 5170 N 9th Ave

General Information

Standard status Active
Size 5,138 SF
Property subtype Retail, Land

Additional Details

Cap Rate 5.25%
Listing Agency: Stirling Properties, LLC
Listed By: Justin Beck, CCIM, CPM · License #FL 3118299
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 2:42AM

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 Stirling Properties, LLC

Investment Insights

Based on property information with market context.

This 5,138-square-foot retail space is associated with the Chili's name and offered through a ground lease structure. The property carries a reported 5.25% CAP and is located at 5170 N. 9th Ave in Pensacola, Florida 32504.

Key Highlights

  • 5,138 SF retail space
  • Ground lease structure
  • Reported 5.25% CAP

Property Analytics

Current Use

It's Just Wings Restaurant Chili's Grill & Bar Restaurant

Suggested Use

Top Pick Building Supply Auto Parts Store Electrical Service HVAC Service Garden Center Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

2,706
Businesses Nearby
1.1M
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Apparel 21% Groceries 11% Shops & Services 7%
DICK'S Sporting Goods Apparel
80,821 visits/mo 0.3 miles
Publix Groceries
62,713 visits/mo 0.4 miles
Best Buy Electronics
57,560 visits/mo 0.2 miles
Chick-fil-A Dining
57,539 visits/mo 0.3 miles
Total Wine & More Groceries
55,924 visits/mo 0.4 miles

Demographics for 32504, FL

21,791
Population
10,436
Households
2.1
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
10.5 sq mi
ZIP Area
2,075
Density / Sq Mi
$74,067
Median Household Income
$41,990
Median Earnings
$1,257
Median Rent
$242,400
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Chili's-associated retail space offered under a ground lease structure.
Where is this retail space located?
The property is located at 5170 N 9th Ave Pensacola, FL.
What are key features of this property?
This property features: 5,138 SF retail space; Ground lease structure; Reported 5.25% CAP
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message