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Pensacola Shopping Center Retail Space
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5007 N Davis Hwy, Pensacola, FL 32503

113,721 SF shopping center in high-traffic Pensacola location.

Space Size1,457 SF - 1,787 SF
Property Size116,118 SF
Days on Market1858

Property Features for 5007 N Davis Hwy

General Information

Standard status Active
Size 1,457 SF - 1,787 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 116,118 SF
Year Built 1990
Tenancy Multiple

Spaces For Lease

at 5007 N Davis Hwy Contact us

Suite 13

Size
1,787 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 16

Size
1,457 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Unit 1

Size
1,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Stirling Properties, LLC
Listed By: Shawn Maxey · License #3336104
Source: Crexi
Added: Jul 23, 2021 Changed: Aug 23 Last Checked: Aug 22 at 6:26PM

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 Stirling Properties, LLC

Investment Insights

Based on property information with market context.

Forest Oaks Plaza is a 113,721 SF shopping center located in Pensacola, FL. The property is situated just off the corner of Davis Highway and Brent Lane, which experience a combined traffic count of 65,100 AADT. It offers access to Interstate 110, with a traffic count of 87,000 AADT, and is located west of Cordova Mall and other retail establishments. The area has high traffic counts and is near medical office facilities. Current co-tenants include Sky Zone, Subway, and Regymen Fitness.

Key Highlights

  • High traffic location at the corner of Davis Highway and Brent Lane (65,100 AADT).
  • Tremendous access to Interstate 110 (87,000 AADT).
  • Located near Cordova Mall and numerous retail establishments.

Property Analytics

Current Use

Home Outlet Building Supply MEREFA, LLC Eastern ... Grocery & Convenience Store Dr. John Ehrmann Pediatrician Elegant Nail Spa Nail Salon Street Oriented Brazilian ... Training Center

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Bakery Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,014
Businesses Nearby
129k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 48% Home Improvements & Furnishings 32% Dining 15% Apparel 3%
The Home Depot Home Improvements & Furnishings
41,374 visits/mo 0.4 miles
Raceway Shops & Services
39,253 visits/mo 0.3 miles
Panera Bread Dining
16,780 visits/mo 0.2 miles
Tidal Wave Auto Spa Shops & Services
6,922 visits/mo 0.4 miles
Dollar General Shops & Services
5,745 visits/mo 0.0 miles

Demographics for 32503, FL

33,693
Population
14,419
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
2,674
Density / Sq Mi
$67,654
Median Household Income
$32,077
Median Earnings
$1,226
Median Rent
$270,500
Median Home Value

Market

Lease Benchmarks for Pensacola, FL

$17 /SF/Yr
Avg Asking Price
$13–$23 /SF/Yr
Price Range
23,379 SF
Avg Space Size

This space is priced 6% below the average of $17 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Brentwood Shopping Center 15 Brent Ln, Pensacola, FL 32503

Frequently Asked Questions

What type of property is this?
Shopping center - 113,721 SF shopping center in high-traffic Pensacola location.
Where is this shopping center located?
The property is located at 5007 N 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: High traffic location at the corner of Davis Highway and Brent Lane (65,100 AADT).; Tremendous access to Interstate 110 (87,000 AADT).; Located near Cordova Mall and numerous retail establishments.
(850) 240-1252 Call to check price and availability
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