1612 Pace Blvd, Pensacola, FL 32505-6051
This exceptional retail property, located at 1612 N Pace Boulevard in Pensacola, Florida, offers 10,000 square feet of recently renovated space within a larger 34,177 square foot building. The property sits on a 2.13-acre lot and features a single, one-story building with multiple tenancies. Currently, 10,000 square feet is available for lease, offering significant opportunity for expansion or new business ventures. The space is delivered in "white box" condition, allowing for complete customization to suit individual tenant needs. The property is zoned HC/LI, reflecting its suitability for commercial retail uses. The center boasts ample parking, ensuring convenient access for customers and employees. Its location on N Pace Boulevard provides excellent visibility and accessibility, benefiting from high daily traffic volume exceeding 18,500 vehicles. The property is anchored by Grocery Advantage, providing a strong draw for customers to the center. This is a rare opportunity to secure prime retail space in a high-traffic area of Pensacola, Escambia County, Florida (zip code 32505). The property's strategic location and ample space make it ideal for a variety of retail businesses seeking a prominent presence in a thriving community.
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Grocery Advantage Grocery & Convenience Store Food Market
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Mr. Bubbles 24/7 Laundromat (Bike/Boat/Book/etc) Store
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UNI Beauty Supply Cosmetic Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HC/LI · Pensacola, FLPensacola. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.