Catylist ID:
#30568691
Leasing Opportunities within Mixed Use Development
Retail-Commercial
for Lease
| Catylist Listing ID: | 30568691 |
| Property Subtypes: | Convenience Store, Day Care Facility, Mixed Use, Retail-Pad |
| Building Status: | Proposed |
| Contiguous Space: | 1,300 - 27,000 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.75 - 2 Acres |
| Lease Rate: |
$21 - 28 PSF (Annual) |
| Base Monthly Rent: | $47,250 - 63,000 |
| Lease Types: | NNN |
| Last Updated: | 5/26/2020 |
Overview / Comments
|
Be a part of this 52+/- Acre Multi-Use Development located a half-mile west of I-10 & Nine Mile Rd (Exit 5) Located in NW Pensacola in the fast-growing Beulah Community Just east of Navy Federal Credit Union's Heritage Oaks Campus (7,100 +/- employees & over 8000 expected in the next year and expanding to over 10,000 employees by 2021) Phase 1- 350 Apartments - UNDER CONSTRUCTION -Move-in begins Q4 2020 Phase 2- 300 Garden Style Apartment - Construction starts Q4 2020 Phase 3- Commercial/Retail Development (Land Sale/Build to Suit/Retail for Lease) Land for Sale- $600,000/acre to approved concept Build to Suit - .75 acre-2 acres lots available Retail for Lease- The new construction lease opportunities have expected completion of Q1 2021 |
Attachments & Media
Expand All Available Space
| Suite: Lease/Sale/Build to Suit | 27,000 SF | $21 - 28 PSF (Annual) NNN |
| Space Available: | 27,000 SF | |
| Minimum Divisible: | 1,300 SF | |
| Lease Rate: |
$21 - 28 PSF (Annual) $47,250 - 63,000 (Monthly) |
|
| Lease Type: | NNN | |
| Space Description: | There are 4 Potential retail centers totaling 27,000 SF of divisible retail space. These retail centers will offer prime road frontage on Nine Mile Road.
There will be an additional 3,400 SF retail building situated at the main entrance to the development. The plan also includes 8,900 SF single level building at the corner of the roundabout where the development moves into residential housing. *This proposed building could easily be increased to include multiple stories to increase square-footage EXPECTED COMPLETION of leasable retail Q1 2021 Build to Suit and Land for Sale NOW! |
|
| Date Available: | 1/1/2021 | |
| Space Type: | New | |
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Tax ID/APN: | 101S312100000001 |
| Zoning: | COM |
| Property Located Between: | Interstate 10 & Navy Federal Credit Union |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Nine Mile Road/ I10 |
| Traffic/Vehicle Count: | 31,500 |
| Highway Access: | Easy Access to I10 via Exit 5 |
| Site Description: | The 52 is designed with luxury living in mind. The development will include up to 900+ Luxury apartments with 1500 to 2500 residents in walking distance. PHASE 1: "Inspire" is under construction and includes 350 luxury four-story elevator served apartments to begin tenant move-in by the end of 2020. Inspire features a state of the art full-service gym, bar, saltwater pool, smart home technology in every unit, and high speed WiFi throughout the property including every resident unit and all indoor and outdoor amenity areas. PHASE 2: Includes 300 family-focused apartments with construction expected to start Q4, 2020 PHASE 3: Commercial Development of retail pad sites that will be developed offering build to suit and lease opportunities. Lots can also be acquired |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 6 |
| Property Condition: | Excellent |
| Part of Planned Development?: | Yes |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 24,596 | 61,300 |
| Median Age: | 43.04 | 40.48 |
| Households: | 9,630 | 23,866 |
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