Property summary
Paradise Square Shopping Center, located at 4469 Mobile Hwy, Pensacola, FL 32506, presents a unique investment opportunity in a high-traffic area. This single-story, 75,799 square foot shopping center boasts a prime location at the intersection of Mobile Highway and W Fairfield Drive, ensuring excellent visibility and accessibility. The property features a total of nine suites, with two currently available, ranging from 2,280 to 7,800 square feet. The minimum divisible space is 7,800 square feet. The center is comprised of a mix of retail and office spaces, suitable for traditional office use or medical office practices. Ample parking is provided with 536 spaces available for tenants and customers. Current tenants include established businesses such as Aaron's Rent to Own, Paradise Liquor, Paradise Bingo, Teen Challenge, and Walgreens, creating a strong and diverse tenant mix. This property offers a compelling opportunity for businesses seeking high visibility and a well-established location in a thriving Pensacola community. The property's strategic location on Mobile Highway ensures high traffic volume and exposure to a large customer base. The existing tenant roster demonstrates the center's appeal and potential for continued success. This is an exceptional opportunity to acquire a well-positioned commercial property in a desirable market.
Property profile
VerifiedCap rate & NOI
Current use
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Bingo Hall
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Atm
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Physician
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Medical Laboratory
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Alternative Medicine Practice
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Pensacola market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
COM · Pensacola, FLZoning
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Zoning designation
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The district profile from the municipal source: what is on file for COM in Pensacola, FL.
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