Downtown 3 Unit Retail/Office

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30609696
Property Subtypes: Street Retail
Contiguous Space: 2,125 - 3,634 SF
Total Available: 8,645 SF
Building Size (RSF): 10,081 SF
Gross Land Area: 0.41 Acres
Lease Rate: $22 PSF (Annual)
Base Monthly Rent: $3,895 - 6,662
Lease Types: NNN
Ceiling: 10 ft.
In Opportunity Zone? Yes
Usable Size (USF): 10,081 SF
Last Updated: 4/20/2024

Overview / Comments

3 New Units Available in Downtown Milton on US Hwy 90. Retail / Office White Box Renovations in 3-Unit Strip Center with proposed completion date in the Fall. Corner, zero lot line building with a Dedicated Turn Lane & Full Median Cut on US Hwy 90. Located 2 parcels from the Lighted Hard Corner that takes you to I-10. On- Site Parking with Additional Private Parking Lot. US Hwy 90 AADT of 21,500. 5 Mile Radius Demographics include an Average House Hold Income of $66,902 & Total Population of 47,570. Store Front Frontage Dimensions vary with Unit A at 48 Ft. and Units B/ C at 25 Ft. each.

Attachments & Media

Expand All 3 Spaces Available

Suite: A 2,886 SF $22 PSF (Annual) NNN
Suite: B 2,125 SF $22 PSF (Annual) NNN
Suite: C 3,634 SF $22 PSF (Annual) NNN

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: City of Milton, Santa Rosa County
Tax ID/APN: 03-1N-28-2530-05800-0041
Zoning: RC-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Canal St and Stewart St.
Property Visibility: Excellent
Largest Nearby Street: US Hwy 90
Feet of Frontage: 100
Traffic/Vehicle Count: 21,500
Highway Access: Property fronts US Hwy 90. 2.5 Miles to Avalon Blvd. 3.3 Miles to I-10. 4.4 Miles to Hwy 87.
Airports: Pensacola International Airport, Naval Air Station Whiting Field, Peter Prince Air Field
Site Description: Located in the City of Milton's commercial retail corridor with on site parking, while being only a blocks away from the Black Water River, National Retailers and minutes to Interstate-10
Area Description: Located in the City of Milton's Commercial retail corridor, the City of Milton is found within Santa Rosa County, and is one of the fastest growing counties in the U.S. The County also boasts high median household incomes, low business costs, top ranked school system and low crime rates according to the Santa Rosa EDC.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1964
Year Renovated: 2022
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Parking Description: On-site parking in rear and separate private parking lot
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Residential Commercial Mixed-Use Zoning District
Lot Frontage: 100
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal
Legal Description: TOWN OF MILTON A PORTION OFBLK 58 DESC AS FOLLOWS:LTS 4 & 5 & ALG W S 30 FT OFLTS 1 & 2 & ALG WITH THES 30 FT OF THE W 42.5 FT OF LT 3 AND THE N 45 FT OF THEW 42.5 FT OF LT 6 ALL AS DESIN OR 2545 PG 1219

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,227 22,335 45,393
Median Age: 39.81 37.92 37.9
Households: 1,356 8,758 16,371

Contact

Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial Realty
Gulf Coast CMLS Member
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