Retail / Restaurant Site for Ground Lease on Davis Highway

Vacant Land for Lease
Catylist Listing ID: 30868102
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 1.45 Acres
Lease Rate: $175,000 (Annual)
$2.77 PSF (Annual)
Base Monthly Rent: $14,583
Lease Types: Ground Lease
Last Updated: 4/22/2024

Overview / Comments

Highly-visible lot for ground lease with excellent exposure on one of Pensacola's main retail corridors. Situated as an out parcel to BJ's Warehouse Club, this lot is located between a top-performing Bubba's 33 (nearly 270,000 annual visits, per Placer.ai) and Jim N' Nick's BBQ (coming soon), and nearby other high-volume restaurants including Cheddar's Scratch Kitchen and Texas Roadhouse. Site is located ½ mile south of I-10 and in close proximity to major area hospitals - Sacred Heart and West Florida Medical - along with numerous national retailers.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 301S303103000001
Zoning: HC/LI
Property Visibility: Excellent
Largest Nearby Street: N Davis Hwy
Traffic/Vehicle Count: 41,000
Development Name: University Town Plaza

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,136 62,516 159,476
Median Age: 34.13 36.84 38.49
Households: 6,284 25,976 64,455

Contact

Photograph of Listing Agent

Kenny Nichols

Vallas Realty, Inc. Gulf Coast CMLS Member
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