5900 BLK 12th Avenue

Retail-Commercial for Lease
Also listed as Vacant Land
Catylist Listing ID: 29693309
Property Subtypes: Retail-Pad
Contiguous Space: 6,000 - 22,200 SF
Total Available: 65,700 SF
Building Size (RSF): 22,200 SF
Gross Building Area: See Agent
Gross Land Area: 8.38 Acres
Lease Rate: $98,000 - 157,500 (Annual)
$14.50 - 7.09 PSF (Annual)
Base Monthly Rent: $8,166 - 13,125
Lease Types: NNN
Building Name: 5900 BLK 12th Avenue
Last Updated: 2/25/2019

Overview / Comments

This property is made up with 8.38 Acres with a retention pond engineered to handle storm water for the entire development and each of the 5 parcels have utilities stubbed to the site. The roundabout and the through street have been constructed. In addition, the properties are accompanied by a newly constructed Hyatt Place Hotel. The parcels range from 1.05 acres to 2.08 acres with the vision that a developer could construct a building as large as a 3 story 22,200 Sf Office Plaza, a 10,000 SF Free Standing Restaurant, or a 6,000 SF Bank Building.

• New Development
• Pensacola's # 1 Trade Area
• Highly Visible
• 12th Ave - 26,500 cars per day
• Airport Blvd - 20,000 cars per day
• 84,239 Employees within 5 miles radius
• Destination Airport - Out Parcels

Expand All 6 Spaces Available

Suite: A 10,000 SF $15 PSF (Annual) NNN
Suite: A 10,000 SF $12,500 (Monthly) NNN
Suite: B 10,000 SF $12,083 (Monthly) NNN
Suite: C 7,500 SF $10,166 (Monthly) NNN
Suite: D 22,200 SF $13,125 (Monthly) NNN
Suite: E 6,000 SF $8,166 (Monthly) NNN

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 331S305101000014
Zoning: ARZ
Property Located Between: Airport Blvd and 12th Ave
Area Description: These properties are located at a lighted intersection that command strong traffic counts with Airport Boulevard at 20,000 Cars Per Day and 12th Avenue at 18,500 Cars Per Day. These parcels for development are conveniently located as Outparcels to Pensacola International Airport which receives approximately 1,515,000 passengers annually , 3 Blocks form Pensacola's largest employer - Secred Heart Health Systems and neighbors Pensacola State College with more than 11,500 enrolled students.Local retailers in the intimidate trade area include:Rave Motion Pictures, Dillard's, Bed Bath and Beyond, Belk, Best Buy, Target,The Fresh Market, DSW, Panera, Olive Garden, Red Lobster, Buffalo Wild Wings, Mellow Mushroom, Jason's Deli, Jersey Mikes, Moe's, Five Guys, Panda Express, Friday's, Chillies, Applebees, Starbucks, Dunkin Donuts and Petco.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,374 69,732 141,769
Median Age: 40.15 39.02 38.38
Households: 2,919 28,387 59,078


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