Freestanding Office/Retail Available

Retail-Commercial for Lease
Catylist Listing ID: 30871899
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Contiguous Space: 1,431 SF
Building Size (RSF): 1,431 SF
Gross Land Area: 0.38 Acres
Lease Rate: $16.77 PSF (Annual)
Base Monthly Rent: $1,999
Lease Types: NNN
In Opportunity Zone? Yes
Usable Size (USF): 1,431 SF
Last Updated: 5/5/2024

Overview / Comments

Freestanding office/retail inside the City limits of Milton. Demographics within a 5 mile radius include a Total Population of 50,700 and an Average Household Income of $96,169. Centrally located between US Hwy 90 and Berryhill Rd, this property has shared onsite parking between the two structures. The space includes 2 rooms with one restroom, kitchen and large open room with walkout covered side porch and backyard space with storage unit.

Attachments & Media

Expand All Available Space

Suite: 5197-B 1,431 SF $16.77 PSF (Annual) NNN
Level/Floor: Unit B
Space Available: 1,431 SF
Lease Rate: $16.77 PSF (Annual)
$1,999 (Monthly)
Lease Type: NNN
Date Available: 5/1/2024
Space Type: Relet
Offices 2
Kitchen Yes
Rent Escalators Step-Up Lease
Rent Escalators Description 3% Annually

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: MILTON
Tax ID/APN: 03-1N-28-0000-03300-0000
Zoning: SSC-RC
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: US Hwy 90 & Berryhill Rd
Property Visibility: Excellent
Largest Nearby Street: US Hwy 90
Feet of Frontage: 85
Traffic/Vehicle Count: 17,300
Highway Access: 500 Ft to the intersection of US Hwy 90
Airports: Pensacola International Airport
Area Description: Santa Rosa County is the 8th fastest gwoing population in the state of Floirda and the 4th highest median household income in the state of Florida. According the the Santa Rosa Economic Development Council the County will require the addition of 1,500 new homes each year to meet it's expected population growth of 1.9% annually.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1954
Year Renovated: 1977
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Stewart Street Corridor, Residential Commercial Mixed-Use Zoning District The SSC-RC Mixed Use District designates, regulates, and restricts the location design and use of buildings and structures; to promote higher standards of exterior appearance of buildings and grounds; to stabilize and improve property value in a consistent manner while maintaining and improving the general character of the City; to promote health, safety, and general welfare; and thus to provide the economic and social benefits resulting from an improved and revitalized mixed-use corridor. It is further the purpose of this district to promulgate redevelopment and infill of the area as a planned mixture of residential, commercial, and other uses within a pedestrian friendly and multi-modal corridor providing for various ancillary uses, and amenity features appropriate for a mixed-use corridor.
Lot Frontage: 85
Lot Depth: 189
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lengthy in file.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,531 24,310 38,804
Median Age: 36.25 38.7 38.1
Households: 1,868 9,561 15,083

Contact

Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial Realty
Gulf Coast CMLS Member
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