Freestanding Retail Building For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30376954
Property Subtypes: Free-Standing Building
Building Size (RSF): 33,805 SF
Gross Building Area: See Agent
Gross Land Area: 2.36 Acres
Sale Price: $5,700,000
Unit Price: $168.61 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/30/2019

Overview / Comments

Cordova Crossing is one of the premier power centers in Pensacola, FL. Anchored by Barnes & Nobles and Gander Mountain, the center is very well located on Airport Blvd. within Pensacola’s most dynamic retail trade area. The property is 33,805 total sf, but we can subdivide. Adjacent retailers include Sam’s Club, Lowe’s, McDonald’s, FedEx/Kinkos, Fridays, Jason’s Deli and Sleep Number.

The site is across the street from Sacred Heart Hospital and Select Hospital. Furthermore, the subject property is located down Airport Blvd. from Simon Property Group’s Cordova Mall, the largest mall in the Pensacola MSA.

Cordova Crossing is also convenient to several large single family and multi-family communities with 147,171 households and 16,742 businesses, employing more than 188,910 people within a fifteen-mile radius. The center boasts a trade area of 373,164 people with an average household income of more than $55,801, all of which provides for exceptional visibility and traffic counts. Its proximity to the mall, major employers, and residential communities make it perfectly positioned.

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Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 331S304500000020
Zoning: C-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,042 76,518 158,877
Median Age: 34.79 37.48 38.29
Households: 3,336 30,615 65,116


Photograph of Listing Agent

Justin A. Beck, CCIM, CPM

Beck Partners CRE, LLC Gulf Coast CMLS Member
Photograph of Listing Agent

Stacy Taylor, CCIM

Beck Partners CRE Gulf Coast CMLS Member
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