Perdido Key Trade Center

Retail-Commercial for Lease
Catylist Listing ID: 30200102
Property Subtypes: Mixed Use, Post Office, Street Retail, Other
Contiguous Space: 715 SF
Gross Building Area: 3,924 SF
Gross Land Area: 0.74 Acres
Lease Rate: $10,000 - 11,000 (Annual)
$13.99 - 15.38 PSF (Annual)
Base Monthly Rent: $833.33 - 916.67
Lease Types: Gross Lease
Ceiling: 10 ft.
Building Name: Perdido Trade Center
Usable Size (USF): 3,924 SF
Core Factor: 9.75%
Last Updated: 9/10/2018

Overview / Comments

This commercial property is considered to be unique in that its location is considered to be one of the prime locations in the area, with good access and good exposure. The building is configured so that there are small offices available to individuals to lease.

Perdido Trade Center is a multi-tenant building with 8-retail or professional service suites ranging in size from 225 to 816 s/f. it sits on 0.75 +/- acres. It is a 3,924 s/f one-story CB building on slab with shingle roof over wood trusses. It was built in 1976, HVAC space with 6 plumbing fixtures. New roof was in 2004. New air conditioning for a portion of the building was installed in 2018.

Expand All Available Space

Suite: 5-A 715 SF $10,000 - 11,000 (Annual) Gross Lease
Level/Floor: 1st floor
Space Available: 715 SF
Lease Rate: $10,000 - 11,000 (Annual)
$13.99 - 15.38 PSF (Annual)
$833.33 - 916.67 (Monthly)
Lease Type: Gross Lease
Space Description: Facing gulf beach Hwy and Sorrento Rd in front of building
Date Available: 8/29/2018
Space Type: New
Rent Escalators Fixed Lease

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County, FL
Tax ID/APN: 14-3S-32-2000-004-009
Retail Clientele: General, Business, Traveler, Tourist, Other
Property Located Between: Sorrento Road and Gulf Beach Highway
Property Visibility: Excellent
Largest Nearby Street: Sorrento Road
Feet of Frontage: 238
Traffic/Vehicle Count: 19,000
Highway Access: NE Corner of Perdido Key Dr, aka SR 292/Sorrento Rd, and Innerarity Point Road, aka Old Gulf Beach Hwy/SR292-A. This lighted intersection is the first intersection on the mainland north of the Intracoastal Waterway and Perdido Key Island. All land traffic traveling from S. Blue Angel Pky or Gulf Beach Hwy toward the beaches of Perdido Key, Orange Beach, or further west into AL, cross through this intersection.
Airports: PNS - Pensacola International Airport; Jack Edwards Airport - Gulf Shores, AL
Site Description: This prime commercial property sits on the NE corner of Perdido Key Drive, aka SR 292 and Old Gulf Beach Hwy/SR 292-A. This lighted intersection is the first intersection on the mainland north of Theo Baars Bridge (ICW) and Perdido Key Island. All land traffic traveling from Blue Angel Pkwy or Gulf Beach Hwy toward the PK beaches, Orange Beach or further west into AL cross through this intersection. Retailers within 1/4 mile of this intersection include: Publix Grocery, CVS Pharmacy, McDonald's, Burger King, Exxon Mobil, Shell Oil and Circle-K
Area Description: The Pensacola MSA includes over 453,000 people, and is known as the "Cradle of Naval Aviation." The area is home to the Blue Angels, the Naval Aviation Museum, the National Flight Academy, Naval Air Station Pensacola and six aviation-related military installations. With 52 miles of beaches known for their white sands and undeveloped pristine beauty, more than 3.7 million visitors come to the Pensacola Bay Area each year, leaving a $1.2 billion impact on the local economy. Tourism continues to be one of the strongest contributors to the economy in Escambia County.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1976
Roof Type: Gable
Construction/Siding: Stucco
Exterior Description: Stucco over Block with Wood Trim and Exterior Open Air Awnings.
Total Parking Spaces: 25
Parking Ratio: 3 (per 1000 SF)
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: See Tenant Info
Zoning Description: COMMERCIAL
Lot Frontage: 238' Road Frontage on Sorrento Road (IRR Triangle)
Lot Depth: 244' Road Frontage on Gulf Beach Hwy
Water Service: Municipal
Sewer Type: Municipal
Legal Description: That Portion of Blk 16 Lying S and E of State Rd No 293, Lots 4, 5, 6 , and 7, Blk 9, Less OR 100 P 181 State Rd No S293 R/W Innerarity Heights, Plat DB 102 P 196, and also that portion of Ortez Ave Lying Between Gulf Bch Hwy (SR 929 & SR 203 (Bauer Field Rd) Ely Blk 9 & Wly Blk 16, Innerarity Hts, Ely Blk 9 & Wly Blk 16 Innerarity Hts OR 3898 P 376.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,218 5,723 24,534
Median Age: 40.97 39.54 41.68
Households: 513 2,234 10,100


Photograph of Listing Agent

William P. Lagman

Coastal Real Estate Center, LLC Gulf Coast CMLS Member
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