Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3507 Pace Blvd Pensacola, FL 32505

    Sponsored
    For Lease
    $20 SF/Yr ($4,973 /Mo)

    Restaurant/Retail Opportunity - High Traffic Area

    Lot size:
    2,984 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2,984 square foot retail or restaurant space, located on N Pace Blvd, presents a unique investment opportunity. Previously occupied by a Burger King and Mr. Wings, this single-tenant property boasts a prime location adjacent to Popeyes and other major retailers, ensuring high visibility and foot traffic. The property features a convenient drive-thru window, a fully equipped commercial kitchen, and a walk-in freezer – ideal for a variety of food service businesses. Ample parking is available with 20+ spaces, and the sizable 0.88-acre lot offers potential for expansion, including additional parking. The building, constructed in 1966, is zoned HC/LI and benefits from a fully functional HVAC system. W Fairfield Drive, a major thoroughfare with over 35,000 vehicles passing daily, provides exceptional exposure. This high-traffic location, combined with the existing infrastructure and ample parking, makes this property an attractive option for restaurant chains, coffee shops, or other retail businesses seeking a strong presence in a thriving commercial area. The property's size and features offer flexibility for a variety of uses, making it a truly compelling investment.

    Property Features for 3507 Pace Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,984 SF
    Total Rate
    4973.33

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,984 SF
    Rate per SF
    $20

    HighLights

    • Retail/Restaurant property totaling 2,984 square feet.
    • Single‑tenant occupancy.
    • Located on N Pace Blvd, near Popeyes and other major retailers, offering high visibility.
    • Features a drive‑thru, commercial kitchen, and walk‑in freezer.
    • 20+ parking spaces with potential for expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -87.2402064
    Latitude
    30.448278

    Nearby Similar for Lease

    • $9 SF/Yr
      2,995 SF

      Midtown Pensacola Retail Space

      Prime 2,995 SF retail space, ideal for various uses.
      14 W Jordan St, Pensacola, FL 32501
      View Details
    • $550 /Mo
      200 SF

      Pensacola Office Space: 200 SF Lease

      Prime Pensacola office, short-term lease available.
      21 South Tarragona Street, Suite 103, Pensacola, FL 32502
      View Details
    • $34 SF/Yr
      2,224 SF

      Prime Pensacola Retail Space

      New 2,224 SF retail/office space available.
      620 E 9 Mile Road, Pensacola, FL 32514
      View Details
    • $2,995 /Mo
      3,286 SF

      Pensacola Flex Space: 3286 SF

      Modern Pensacola flex space, ideal for R&D. High-ceiling warehouse space.
      1300 N Palafox St, Suites 101-106, Pensacola, FL 32501
      View Details
    • $30 SF/Yr
      2,648 SF

      Pensacola Bayfront Office Space

      Class A office, stunning bay views, ample parking.
      850 S Palafox St, Pensacola, FL 32502
      View Details
    • $20 SF/Yr
      2,112 SF

      Bayou Blvd Medical Office Suite 4

      Prime Pensacola Medical Office Space
      5120 Bayou Blvd, Pensacola, FL 32504
      View Details
    • $3,600 /Mo
      2,880 SF

      Pensacola Retail Space: High Traffic Location

      Prime Retail Space, 2880 sq ft, NNN Lease
      31 W 9 Mile Rd, Pensacola, FL 32534
      View Details
    • $550 /Mo
      250 SF

      Midtown Pensacola Office Suites

      Modern Pensacola office space, parking included.
      14 W Jordan St, Pensacola, FL 32501
      View Details
    • $20 SF/Yr
      1,056 SF

      Bayou Blvd Medical Office Suite

      1056 SF MedSpa/Office, Pensacola, FL
      5120 Bayou Blvd, Pensacola, FL 32504
      View Details
    • $8 SF/Yr
      46,292 SF

      Pensacola Boulevard Office/Showroom/Warehouse

      46,292 SF office/showroom/warehouse available June 2025.
      8965 Pensacola Blvd, Pensacola, FL 32534
      View Details
    • $2,000 /Mo
      6,182 SF

      Restaurant/Retail Space on High-Traffic Avenue

      Versatile 6,182 SF commercial space suitable for restaurant or retail.
      6403 N 9Th Ave, Pensacola, FL 32504
      View Details
    • $1,500,000
      750 SF

      Pensacola Office/Retail Suites For Lease

      Newly renovated office and retail suites available for lease.
      2210 E Olive Rd, Pensacola, FL 32514
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant/Retail Opportunity - High Traffic Area
    Where is this restaurant located?
    The property is located at 3507 Pace Blvd Pensacola, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Retail/Restaurant property totaling 2,984 square feet.; Single-tenant occupancy.; Located on N Pace Blvd, near Popeyes and other major retailers, offering high visibility.
    Request Owner's contact information
    3507 Pace Blvd Pensacola, FL 32505
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3507 Pace Blvd
    Pensacola, FL 32505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3507 Pace Blvd Pensacola, FL 32505
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.