85 W Airport Blvd, Pensacola, FL 32503
For Lease
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This exceptional Class-A retail and restaurant development, built in 2022, offers a unique leasing opportunity in Pensacola, Florida. The 17,000 square foot shopping center is situated on a 3-acre lot at the highly visible intersection of Palafox Street and Airport Boulevard, boasting over 32,000 cars daily. The property is zoned HC/LI and features two end-cap drive-thru spaces, along with multiple inline spaces ranging from a minimum of 729 square feet to a maximum contiguous space of 2,935 square feet. Currently, the entire 17,000 square feet is vacant, presenting a blank canvas for a variety of businesses. The center benefits from excellent signage opportunities and ample parking, ensuring high visibility and convenient access for customers. This location is ideal for retail, office, medical, or restaurant uses, capitalizing on its prime position within one of Florida's fastest-growing Metropolitan Statistical Areas. The property's APN is 471S301101002072 & 471S301101000072. Don't miss this chance to establish your business in a thriving, high-traffic location.
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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.