5955 West 9 Mile Road, Pensacola, FL 32526
Absolute net retail offering with a recent lease extension in a high-traffic corridor.
- Added:
- Jun 11, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 20 at 3:02 am
Property Features for 5955 West 9 Mile Road
General Information
- Standard status
- Active
- Size
- 9,026 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2011
Listing agent Karly Iacono License #NJ 0345216
Listing office CBRE - Saddle Brook
Listing date Jun 11, 2026
Source Crexi
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 CBRE - Saddle Brook
HighLights
- Year built: 2011
- Absolute net retail offering
- Recent lease extension
Overview
Located at 5955 West 9 Mile Road in Pensacola, Florida, the property is positioned in a high-traffic area, which can support tenant visibility and customer access for compatible retail uses.
For buyers seeking an absolute net retail investment with a recent lease extension, this storefront format and NNN structure may align well with a hands-off operating approach. The high-traffic setting is a practical consideration for operators looking for steady storefront exposure while the existing lease continues.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $162.5k | $18.00 |
| − Vacancy | −$16.7k | −$1.85 |
| EGI | $145.7k | $16.15 |
| − OpEx | −$43.7k | −$4.84 |
| NOI | $102.0k | $11.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.3834419
- Latitude
- 30.5348579
