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    4324 Lillian Hwy Pensacola, FL 32506

    For Lease
    Contact for pricing

    High-traffic retail space, lease opportunity.

    Lot size:
    12,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail outparcel, situated within a thriving Pensacola shopping center, presents a compelling lease opportunity. Located at 4324 Lillian Highway, Pensacola, FL 32506, this 7,800 square foot lot boasts an unparalleled location on a major thoroughfare. The property benefits from its position in a discount grocery-anchored shopping center, ensuring high visibility and consistent foot traffic. The site's strategic placement at the intersection of four commuter roads generates an impressive daily traffic count exceeding 40,000 vehicles. This high-traffic area is further enhanced by a substantial population base

    Property Features for 4324 Lillian Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,600 SF

    Unit(s) available at that property

    Space
    Available Outparcel
    Size
    7,800 SF
    Space
    Available Space 2
    Size
    4,800 SF

    HighLights

    • 4,800 SF available space; outparcel can support up to a 7,800 SF building.
    • Multi‑tenant outparcel potential.
    • Attractive ground lease terms available.
    • High‑traffic location on Lillian Highway, in a discount grocery‑anchored center; over 40,000 vehicles daily; nearly 80,000 population within 3 miles.
    • Strong national tenants including Family Dollar and Grocery Advantage.
    • Suitable for various uses, including urgent care, auto service, equipment rental, and liquor store.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -87.2729467
    Latitude
    30.4272965

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, lease opportunity.
    Where is this retail property located?
    The property is located at 4324 Lillian Hwy Pensacola, FL.
    What are key features of this property?
    This property features: 4,800 SF available space; outparcel can support up to a 7,800 SF building.; Multi-tenant outparcel potential.; Attractive ground lease terms available.
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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
    4324 Lillian Hwy Pensacola, FL 32506
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