Family Dollar Plaza Investment For Sale

Shopping Center for Sale
Catylist Listing ID: 30851349
Property Subtypes: Community Center, Neighborhood Center
Building Size (RSF): 12,780 SF
Gross Land Area: 0.89 Acres
Sale Price: $2,399,000
Unit Price: $187.72 PSF
Property Use Type: Investment
Building Name: Family Dollar Plaza
Sale Terms: Cash to Seller
Cap Rate: 4.5%
Average Occupancy Rate: 100
Last Updated: 5/13/2024

Overview / Comments

Nicely maintained Family Dollar Shopping Center located in the central business district of Pensacola, FL. In the middle of many neighborhoods, retail centers, schools, and multifamily projects.

Family Dollar is the anchor tenant along with a Papa John's Franchise. The two other units are leased out by a hair salon and a clothing boutique.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 132S301204030003
Zoning: COM
Retail Clientele: Family, Business
Property Visibility: Excellent
Largest Nearby Street: Michigan Ave.
Feet of Frontage: 264
Traffic/Vehicle Count: 32,500
Airports: Pensacola International Airport
Site Description: Central Business District
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 12,780 SF
Property Condition: Excellent
Year Built: 2007
Year Renovated: 2015
Construction/Siding: Metal/Glass
Parking Type: Surface
Zoning Description: COM
Lot Frontage: 264
Lot Depth: 152
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,159 61,135 154,497
Median Age: 37.08 36.86 36.75
Households: 4,771 23,972 60,842


Photograph of Listing Agent

David P Wu

Alliance Real Estate
Gulf Coast CMLS Member
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