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    5007 Davis Hwy Pensacola, FL 32503

    For Lease
    $16 SF/Yr

    Grocery-anchored center; prime Pensacola location.

    Lot size:
    116,118 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Invest in this exceptional 116,118-square-foot neighborhood shopping center, strategically located in Pensacola, Florida. Forest Oaks Plaza boasts a prime position at the intersection of high-traffic Davis Highway and Brent Lane, enjoying an impressive 65,100 AADT. Its convenient access to Interstate 110 (87,000 AADT) further enhances its visibility and accessibility. Situated west of Cordova Mall and numerous other retail businesses, this property benefits from the highest traffic counts in Pensacola and proximity to medical facilities generating substantial daytime traffic. The single-story, 1990-built building sits on a 12.93-acre lot (12,927 sq ft) and is zoned COM. Currently, there are 6,590 square feet of vacant space available, divisible into units as small as 1,500 square feet, with a maximum contiguous space of 2,990 square feet. The strong tenant mix includes well-known businesses such as Sky Zone, Subway, and Regymen Fitness, ensuring a vibrant and successful shopping environment. This high-visibility location offers excellent frontage on Davis Highway and unparalleled accessibility from Interstate 110, making it an ideal investment opportunity. The property consists of one building with multiple tenants.

    Property Features for 5007 Davis Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    116,118 SF
    Total Rate
    154824

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1
    Size
    1,500 SF
    Rate per SF
    $16
    Space
    Unit 09
    Size
    2,990 SF
    Rate per SF
    $16
    Space
    Suite 7
    Size
    2,100 SF
    Rate per SF
    $16
    Space
    Unit 09
    Size
    2,990 SF
    Rate per SF
    $16
    Space
    Suite 16
    Size
    1,457 SF
    Rate per SF
    $16

    HighLights

    • 116,118 SF grocery‑anchored neighborhood center in Pensacola, FL.
    • 12.93 acres with 6,590 SF of vacant space available, divisible to 1,500 SF minimum, up to 2,990 SF contiguous.
    • High‑visibility location with direct frontage on Davis Highway, offering excellent Interstate 110 access.
    • Strong tenant mix including Sky Zone, Subway, and Regymen Fitness, situated in a high‑traffic area with 65,100 AADT.
    • Built in 1990, single‑story building with COM zoning in Escambia County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Home Outlet Home Improvement Store MEREFA, LLC Eastern ... Grocery Store Dr. John Ehrmann Family Practice Physician Elegant Nail Spa Nail Salon Street Oriented Brazilian ... Self Defense School

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office 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
    -87.22609888
    Latitude
    30.47028231

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    FAQs

    What type of property is this?
    Retail property - Grocery-anchored center; prime Pensacola location.
    Where is this retail property located?
    The property is located at 5007 Davis Hwy Pensacola, FL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 116,118 SF grocery-anchored neighborhood center in Pensacola, FL.; 12.93 acres with 6,590 SF of vacant space available, divisible to 1,500 SF minimum, up to 2,990 SF contiguous.; High-visibility location with direct frontage on Davis Highway, offering excellent Interstate 110 access.
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    5007 Davis Hwy Pensacola, FL 32503
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    Pensacola, FL 32503
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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
    5007 Davis Hwy Pensacola, FL 32503
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