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    FOR LEASE
    Community centers

    85 W Airport Blvd, Pensacola, FL 32503

    16,793 SF 1.66 ac lot Built 2022
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US18-2813256
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 2022
    Construction TYPE NOT SPECIFIED
    Total area 16,793 SF
    Lot 1.66 ac (72,310 SF)
    Zoning code HC/LI
    APN 47-1S-30-1101-000-072
    UPID US18-2813256
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Unique Nails Lounge Nail Salon
    • Little Caesars Pizza Restaurant
    • Dirty Dough Cookies - Pensacola (Bike/Boat/Book/etc) Store Bakery
    • PJ's Coffee Cafe & Coffee Shop
    • Maxim Healthcare Services Pensacola, FL Regional Office Home Health Care Service Nursing Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.93M
    CAP Approach CAP
    $3.09M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.93M
    Owner & transaction history
    Goal Post C Store LLC · 1 yrs held
    Goal Post C Store LLC
    since 2024
    Last sale
    $3.9M
    7 recorded transactions
    2024
    $3.9M
    2023
    2021
    $1.3M
    2016
    2016
    2014
    2006
    Zoning & alternative use
    HC/LI · Pensacola, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $5.3M +102.7%
    Commercial (general) $3.1M +17.9%
    Try Rey
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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