Retail/Office Space for Lease

Retail-Commercial for Lease
Catylist Listing ID: 29986192
Property Subtypes: Free-Standing Building, Mixed Use, Movie Theatre, Parking Facility, Post Office, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 6,134 SF
Building Size (RSF): 13,952 SF
Lease Rate: $16 PSF (Annual)
Base Monthly Rent: $8,178
Lease Types: NNN
Building Name: 5121 N 12th Avenue
Last Updated: 12/13/2019

Overview / Comments

This beautiful 13,952sf building is situated directly across 12th Avenue from the Hyatt Place Hotel and Baptist Medical Park near the Pensacola International Airport. This move-in ready space consists of approximately 6,134sf which includes a 1,202sf garage that can be used as a showroom or warehouse space, or can be improved to additional office space. This location features outstanding visibility, abundant parking, and the best demographics in Pensacola. It's in close proximity to Sacred Heart Hospital, Cordova Mall, Pensacola International Airport, and Pensacola State College and all its amenities. It's also within a few minutes walk from 360 hotel rooms (Hyatt Place, Hampton Inn, Homewood Suites). Owners will consider any offer and tenant improvement dollars are available depending on the credit of the tenant and term of the lease. WILL DIVIDE AND BUILD TO SUIT.

Expand All Available Space

Suite: 1 6,134 SF $16 PSF (Annual) NNN
Space Available: 6,134 SF
Lease Rate: $16 PSF (Annual)
$8,178 (Monthly)
Lease Type: NNN
Space Description: Space contains 8 offices, 2 conference rooms, a large open area, 4 single bathrooms, and a large garage.
Date Available: 7/15/2016
Space Type: Relet
Conference Rooms: 2
Offices 8
Kitchen Yes
Parking Spaces 130

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County Property Appraiser
Tax ID/APN: 331S307110000001
Zoning: C-1
Property Located Between: College Blvd & Airport Blvd
Property Visibility: Excellent
Feet of Frontage: 248
Traffic/Vehicle Count: 375
Highway Access: 2 minutes from I-110
Airports: Pensacola Airport - across street
Site Description: This is in terrific condition and boasts a newer Sarnafil room with 15+ years left on it's warranty, newer HVAC throughout the building, and Class A finishes from top to bottom including the outside patio area.
Area Description: This property is located in the desirable Cordova area of Pensacola and nestled between the Pensacola International Airport and Hyatt Hotel across the street, Cordova Mall, PSC, Sacred HEart Hospital, and hundreds of thousands of square feet of professional office buildings.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1991
Year Renovated: 2008
Lot Frontage: 250
Lot Depth: 380
Legal Description: BEG AT NE COR OF SEC N 63 DEG 42 MIN 0 SEC W ALG N LI OF SEC 1853 86/100 FT TO W R/W LI OF NINTH AVE (100 FT R/W) S 42 DEG 32 MIN 0 SEC W ALG R/W 2553 55/100 FT S 63 DEG 40 MIN 0 SEC E 2711 55/100 FT TO INTER WITH ELY R/W OF CORPORATE WOODS DR N 26 DEG 18 MIN 10 SEC E 325 FT N 26 DEG 19 MIN 0 SEC E 248 87/100 FT FOR POB S 63 DEG 40 MIN 0 SEC E 375 40/100 FT TO WLY R/W LI OF 12TH AVE (100 FT R/W) N 26 DEG 19 MIN 0 SEC E 248 87/100 FT N 63 DEG 40 MIN 0 SEC W 375 40/100 FT TO ELY R/W OF CORPORATE WOODS DR S 26 DEG 19 MIN 0 SEC W 248 87/100 FT TO POB OR LT 1 CORPORATE WOODS UNIT 4 PB 14 P 55 OR 6972 P 1725

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,792 70,362 142,808
Median Age: 38.79 39.09 37.89
Households: 2,308 28,696 58,778


Photograph of Listing Agent

Donald Neal, CCIM, SIOR

Neal & Company, LLC Gulf Coast CMLS Member
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