5007 N Davis Hwy, Pensacola, FL 32503
For Lease
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Invest in this exceptional 116,118-square-foot neighborhood shopping center, strategically located in Pensacola, Florida. Forest Oaks Plaza boasts a prime position at the intersection of high-traffic Davis Highway and Brent Lane, enjoying an impressive 65,100 AADT. Its convenient access to Interstate 110 (87,000 AADT) further enhances its visibility and accessibility. Situated west of Cordova Mall and numerous other retail businesses, this property benefits from the highest traffic counts in Pensacola and proximity to medical facilities generating substantial daytime traffic. The single-story, 1990-built building sits on a 12.93-acre lot (12,927 sq ft) and is zoned COM. Currently, there are 6,590 square feet of vacant space available, divisible into units as small as 1,500 square feet, with a maximum contiguous space of 2,990 square feet. The strong tenant mix includes well-known businesses such as Sky Zone, Subway, and Regymen Fitness, ensuring a vibrant and successful shopping environment. This high-visibility location offers excellent frontage on Davis Highway and unparalleled accessibility from Interstate 110, making it an ideal investment opportunity. The property consists of one building with multiple tenants.
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Home Outlet Building Supply Hardware & Home Improvement
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MEREFA, LLC Eastern Europe Grocery Store Grocery & Convenience Store Food Market
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Dr. John Ehrmann Pediatrician Physician
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Elegant Nail Spa Nail Salon
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Street Oriented Brazilian Jiu-jitsu Training Center Sports School
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
COM · 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.