The Ridge Class-A Retail & Office Development

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30782852
Property Subtypes: Restaurant, Other
Building Status: Under Construction
Contiguous Space: 729 - 2,935 SF
Total Available: 14,686 SF
Gross Building Area: 17,000 SF
Gross Land Area: 3 Acres
Lease Rate: $18.50 PSF (Annual)
Base Monthly Rent: $1,123 - 4,524
Lease Types: NNN
Has Drive-Thru? Yes
Last Updated: 1/12/2022

Overview / Comments

Excellent retail, office, medical, and restaurant leasing opportunity in Pensacola, Florida. The Ridge is located at the highly trafficked intersection of Palafox St & Airport Blvd, which experiences over 31,000 cars per day. The Ridge will have 2 end cap drive thru spaces and multiple inline spaces available, ranging in size from 700 up to 4,500 SF. The property will have excellent signage and visibility on a signaled intersection along with ample parking. The Ridge is available for pre-leasing now; projected delivery is Q2-Q3 of 2022.

Expand All 9 Spaces Available

Suite: 1 2,213 SF $18.50 PSF (Annual) NNN
Suite: 2 1,024 SF $18.50 PSF (Annual) NNN
Suite: 3 1,909 SF $18.50 PSF (Annual) NNN
Suite: 4 729 SF $18.50 PSF (Annual) NNN
Suite: 5 2,935 SF $18.50 PSF (Annual) NNN
Suite: 6 729 SF $18.50 PSF (Annual) NNN
Suite: 7 1,909 SF $18.50 PSF (Annual) NNN
Suite: 8 1,024 SF $18.50 PSF (Annual) NNN
Suite: 9 2,214 SF $18.50 PSF (Annual) NNN

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 471S301101002072 & 471S301101000072
Zoning: HC/LI
Retail Clientele: General, Business, Other
Property Visibility: Good
Traffic/Vehicle Count: 31,000
Area Description: The Pensacola market has experienced explosive growth in recent years due to the high population growth and strong median income. The steady economy and tourism has fueled the retail demand in Pensacola over recent years. The government has a substantial presence in the metro with more than 23,000 military and civilian personnel employed at NAS Pensacola, located just miles from the site. The property is in close proximity to the core retail trade area, the airport, hospital, University of West Florida, NAS Pensacola, Whiting Field Naval Base, and the beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach.
Tenancy: Multiple Tenants
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,333 75,033 187,454
Median Age: 31.77 36.75 37.96
Households: 2,069 28,873 75,930


Photograph of Listing Agent

Robert Bell

Bellcore Commercial LLC Gulf Coast CMLS Member
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