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    7171 Davis Hwy Pensacola, FL 32504

    For Lease
    $1.00 SF/Yr ($1,904 /Mo)

    Pensacola, FL Power Center Opportunity

    Lot size:
    22,859 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    University Town Plaza, located at 7171 N Davis Hwy in Pensacola, Florida (zip code 32504), presents a compelling retail investment opportunity. This single-story, 22,859 square foot power center, built in 2013, sits on a sizable 53.513-acre lot and is zoned HC/LI. Currently, there are three available spaces ranging from 1,564 to 1,840 square feet, totaling 3,680 square feet of vacant space. The minimum divisible space is 1,840 square feet, with a maximum contiguous space also at 1,840 square feet. The property boasts a strong tenant mix, including major anchors such as BJ's Wholesale, Burlington, Academy Sports + Outdoors, and JCPenney. Additional tenants include Cheddar's Restaurant, Texas Roadhouse, Moe's Southwest Grill, Jimmy John's, and Taylor's Breakfast, creating a vibrant and well-established retail environment. This prime location offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The property's transformation from a former enclosed mall into a thriving open-air center positions it as a premier retail destination in Pensacola. This is a rare opportunity to acquire space in a high-performing, well-established power center with significant anchor tenants and strong foot traffic. The property's size and location make it an attractive investment for businesses seeking a prominent presence in a growing market.

    Property Features for 7171 Davis Hwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,859 SF
    Total Rate
    1904.92

    Building Details

    Year Built
    2013
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite H24
    Size
    1,840 SF
    Rate per SF
    $50
    Space
    Suite H37
    Size
    1,840 SF
    Rate per SF
    $50
    Space
    A03
    Size
    46,829 SF
    Rate per SF
    $1.00

    HighLights

    • 22,859 SF power center in Pensacola, FL (32504).
    • Built in 2013 on a 5.35‑acre lot, zoned HC/LI.
    • 3 available spaces totaling 3,680 SF (minimum 1,840 SF, maximum 1,840 SF contiguous).
    • Strong tenant mix including BJ's Wholesale, Burlington, Academy Sports + Outdoors, and JCPenney.
    • Excellent visibility and accessibility in a high‑traffic location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tyler Kercher - State ... Insurance Agency Budget Car Rental Car Rental Agency Avis Car Rental Car Rental Agency University Town Plaza Shopping Mall JCPenney Optical - STORE ... Eye Care Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.22314846
    Latitude
    30.49869371

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    FAQs

    What type of property is this?
    Neighborhood center - Pensacola, FL Power Center Opportunity
    Where is this neighborhood center located?
    The property is located at 7171 Davis Hwy Pensacola, FL.
    What is the lease rate?
    The lease rate is $1.00-$50 SF/Yr.
    What are key features of this property?
    This property features: 22,859 SF power center in Pensacola, FL (32504).; Built in 2013 on a 5.35-acre lot, zoned HC/LI.; 3 available spaces totaling 3,680 SF (minimum 1,840 SF, maximum 1,840 SF contiguous).
    Request Owner's contact information
    7171 Davis Hwy Pensacola, FL 32504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7171 Davis Hwy Pensacola, FL 32504
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