7171 N Davis Hwy Pensacola, FL 32504
For Lease
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University Town Plaza, located at 7171 N Davis Hwy in Pensacola, Florida (zip code 32504), presents a compelling retail investment opportunity. This single-story, 22,859 square foot power center, built in 2013, sits on a sizable 53.513-acre lot and is zoned HC/LI. Currently, there are three available spaces ranging from 1,564 to 1,840 square feet, totaling 3,680 square feet of vacant space. The minimum divisible space is 1,840 square feet, with a maximum contiguous space also at 1,840 square feet. The property boasts a strong tenant mix, including major anchors such as BJ's Wholesale, Burlington, Academy Sports + Outdoors, and JCPenney. Additional tenants include Cheddar's Restaurant, Texas Roadhouse, Moe's Southwest Grill, Jimmy John's, and Taylor's Breakfast, creating a vibrant and well-established retail environment. This prime location offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The property's transformation from a former enclosed mall into a thriving open-air center positions it as a premier retail destination in Pensacola. This is a rare opportunity to acquire space in a high-performing, well-established power center with significant anchor tenants and strong foot traffic. The property's size and location make it an attractive investment for businesses seeking a prominent presence in a growing market.
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Tyler Kercher - State Farm Insurance Agent Insurance Agency
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Budget Car Rental Car Rental Facility
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Avis Car Rental Car Rental Facility
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University Town Plaza Shopping Center & Mall
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JCPenney Optical - STORE CLOSING SOON Eye Care Center Contact Lenses Supplier
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.