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    7171 N Davis Hwy Pensacola, FL 32504

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    7171 N Davis Hwy Pensacola, FL 32504


    • Retail properties & Spaces
    • 130,854 SF
    • 7.50 lot acres
    Premier Open-Air Retail Destination For Lease
    $7,670,000

    Premier Open-Air Retail Destination

    University Town Plaza: a premier open-air retail destination.

    7171 N Davis Hwy, Pensacola, FL 32504
    View Listing
    Property ID
    US18-5907103
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tyler Kercher - State Farm Insurance Agent / Insurance Agency
    • Budget Car Rental / Car Rental Facility
    • Avis Car Rental / Car Rental Facility
    • University Town Plaza / Shopping Center & Mall
    • JCPenney Optical - STORE CLOSING SOON / Optometrist / Sunglasses Store

    Property Details for 7171 N Davis Hwy

    Year built
    1975
    Construction
    CONCRETE
    Lot size
    7.50 lot acres
    Property size
    130,854 SF
    Zone code
    HC/LI
    Property type
    Retail properties & Spaces
    APN
    30-1S-30-3104-000-002
    APU
    301S303104000002

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,670,000
      Market price range: $7.67M - $25.9M
      AI Estimate
      $7,670,000
      Market price range: $7.67M - $25.9M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2258
    Latitude
    30.4987
    CBSA code
    37860
    CBSA name
    PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $68,477
    $0.00
    $0.00
    $4,699,297
    -
    $1,875,500
    $2,823,797
    $4,699,297
    View Listing
    More about this property
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