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    1690 Airport Blvd Pensacola, FL 32504

    For Lease
    $18 SF/Yr

    Pensacola Shopping Center: 18,000 SF Available

    Lot size:
    169,486 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    Cordova Commons, a premier Pensacola shopping center, offers an exceptional 18,000 square foot retail space. Located at 1690 Airport Blvd, Pensacola, FL 32504, this property boasts a prime location at the highly trafficked intersection of 9th Avenue and Airport Blvd, experiencing over 61,000 vehicles daily. The 169,486 square foot shopping center sits on an 11.91-acre lot and was built in 1977 (APN: 331S304101000001, Escambia County). This upscale center features a strong tenant mix including Fresh Market, Ulta, Marshalls, Wine World, Petco, Kirkland's, Five Guys, Jersey Mike's Subs, and Smoothie King, ensuring high foot traffic and a vibrant shopping environment. The available space offers excellent visibility and accessibility, enhanced by large pylon signage and multiple entrances from both 9th Avenue and Airport Boulevard. This is an ideal opportunity for retailers or restaurants seeking a prominent location within Pensacola's thriving retail market. The property is classified as a multi-tenant shopping center.

    Property Features for 1690 Airport Blvd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    169,486 SF
    Total Rate
    254229

    Building Details

    Year Built
    1977

    Unit(s) available at that property

    Space
    Suite 125
    Size
    18,000 SF
    Rate per SF
    $18

    HighLights

    • Excellent visibility on a high‑traffic signaled intersection (61,000 VPD).
    • Directly across from the 900,000 SF Cordova Mall.
    • Close proximity to the airport, hospital, high school, and national retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kirkland's Home Home Goods Store Five Guys Fast Food Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2066517
    Latitude
    30.4803559

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    FAQs

    What type of property is this?
    Lifestyle center - Pensacola Shopping Center: 18,000 SF Available
    Where is this lifestyle center located?
    The property is located at 1690 Airport Blvd Pensacola, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Excellent visibility on a high-traffic signaled intersection (61,000 VPD).; Directly across from the 900,000 SF Cordova Mall.; Close proximity to the airport, hospital, high school, and national retailers.
    Request Owner's contact information
    1690 Airport Blvd 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
    1690 Airport Blvd Pensacola, FL 32504
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