Free Standing Retail on N 12th - East Hill

Retail-Commercial for Lease
Catylist Listing ID: 30052800
Property Subtypes: Free-Standing Building, Street Retail
Contiguous Space: 1,945 SF
Building Size (RSF): 1,945 SF
Gross Building Area: 2,223 SF
Gross Land Area: 0.26 Acres
Lease Rate: $2,750 (Monthly)
$16.97 PSF (Annual)
Lease Types: Modified Gross
Building Name: E. H. Hardware Co.
Usable Size (USF): 1,945 SF
Last Updated: 7/24/2017

Overview / Comments

2,000 +/- sf free standing street retail with glass store front on a hard corner on North 12th Ave. is available for lease. Property has been well maintained and is currently owner-occupied.

Flexible - Up to 500 additional sf available with loft build out. Additional 400 +/- sf space could easily convert to patio and has it's own access path. Either or both additions may be negotiated.

Owner is preparing to downsize and open new location on the north corner of lot.

Expand All Available Space

Suite: 2702 1,945 SF $2,750 (Monthly) Modified Gross
Level/Floor: 1
Space Available: 1,945 SF
Lease Rate: $2,750 (Monthly)
$16.97 PSF (Annual)
Lease Type: Modified Gross
Space Description: -Open area with exposed rafters and air ducts. Ideal for any retail configuration. -Large retail shop windows expose product lines to stopped traffic along commercial corridor.
-Up to 500 feet of additional space can be built out as a loft for office or retail use.
-400 +/- outdoor patio great for ancillary services available as lease add-on
Space Subcategory: Free-Standing Store, Neighborhood Center
Date Available: 5/19/2017
Lease Term: 60 Months
Space Type: New
Parking Spaces 10
Rent Escalators Other
Rent Escalators Description See Agent
Rent Concession See Agent

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia
Tax ID/APN: 000S009025018332
Zoning: C-1
Retail Clientele: General, Family, Business, Traveler, Recreation, Other
Property Located Between: N. 12th Avenue and E. Cross St.
Property Visibility: Excellent
Feet of Frontage: 115
Traffic/Vehicle Count: 6,400
Highway Access: Approx 1 mi E. of I-110
Airports: Pensacola International Airport
Site Description: High visibility corner of 4 way stop along commercial corridor that is surrounded by established neighborhoods. Excellent access to foot traffic from resident who prefer to bike or walk.
Area Description: East Hill area of Pensacola is the local uptown within city limits and close enough to downtown for residents to easily access by bike or short drive. A diverse mix of residents enjoy the areas parks, bayou and proximity to businesses along the commercial corridor of N. 12th Ave. The desirability coincides with limited availability and higher price points compared to other locations in the region.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,945 SF
Property Condition: Excellent
Year Built: 1958
Roof Type: Flat
Construction/Siding: Brick, Concrete
Total Parking Spaces: 16
Parking Type: Surface
Parking Description: Store front parking and shared parking with adjacent tenant.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: Commercial C-1
Lot Frontage: 115
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal
Legal Description: (Portion of) S 115 FT OF W 20 FT OF LT 18 AND S 115 FT OF LTS 19 20 BLK 332 OR 3871 P 78/80 NEW CITY TRACT CA 53

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,810 59,637 136,955
Median Age: 42.48 40.23 38.35
Households: 4,760 24,322 55,952

Contact

Photograph of Listing Agent

Omar Walter Nagi

Coldwell Banker Commercial NRT
Gulf Coast CMLS Member

Source

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