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    620 Nine Mile Rd Pensacola, FL 32514

    For Lease
    $32 SF/Yr

    New 9,818 SF Retail Center - 7 Spaces Available

    Lot size:
    9,818 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Cashiers Plaza, a brand new Class A retail and office development, is poised to redefine the area's commercial landscape. Construction is slated to begin December 2024 on this 3-acre site, offering 9,818 square feet of prime retail space currently available for lease. The modern, upscale design features seven individual units ranging from 906 to 3,076 square feet, catering to a variety of business needs. Two spaces are specifically designed for restaurant or cafe use, complete with drive-thru capabilities and pre-installed grease interceptors. The development will adhere to a limit of two restaurants to maintain a balanced tenant mix. The property boasts a highly desirable location with exceptional visibility and high traffic counts, ensuring maximum exposure for your business. Detailed plans and specifications are available upon request. The property is zoned HC/LI and has an APN of 071S304302000002. This is a unique opportunity to secure space in a premier, newly constructed center, offering a blend of modern design and strategic location. Don't miss out on this chance to establish your business in a thriving commercial hub.

    Property Features for 620 Nine Mile Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,818 SF
    Total Rate
    26181.33

    Building Details

    Year Built
    2025

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,076 SF
    Rate per SF
    $34
    Space
    Available Space 2
    Size
    1,266 SF
    Rate per SF
    $33
    Space
    Available Space 3
    Size
    1,190 SF
    Rate per SF
    $33
    Space
    Available Space 5
    Size
    1,550 SF
    Rate per SF
    $32
    Space
    Available Space 6
    Size
    1,260 SF
    Rate per SF
    $32
    Space
    Available Space 4
    Size
    906 SF
    Rate per SF
    $32
    Space
    Available Space 7
    Size
    1,836 SF
    Rate per SF
    $34

    HighLights

    • Modern, upscale finishes and design.
    • Prime location with high vehicular and pedestrian traffic.
    • 9,818 total square feet, 7 available retail spaces ranging from 906 to 3,076 square feet.
    • New construction, slated to break ground December 2024; completion in 2025.
    • 3‑acre lot, HC/LI zoning.
    • Two restaurant spaces available, each with a drive‑thru and grease interceptor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2527828
    Latitude
    30.5334313

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    FAQs

    What type of property is this?
    Lifestyle center - New 9,818 SF Retail Center - 7 Spaces Available
    Where is this lifestyle center located?
    The property is located at 620 Nine Mile Rd Pensacola, FL.
    What is the lease rate?
    The lease rate is $32-$34 SF/Yr.
    What are key features of this property?
    This property features: Modern, upscale finishes and design.; Prime location with high vehicular and pedestrian traffic.; 9,818 total square feet, 7 available retail spaces ranging from 906 to 3,076 square feet.
    Request Owner's contact information
    620 Nine Mile Rd Pensacola, FL 32514
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    Pensacola, FL 32514
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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
    620 Nine Mile Rd Pensacola, FL 32514
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