Medical Office Suite in Neighborhood Center

Office for Lease
Catylist Listing ID: 30843951
Property Subtypes: Medical, Other
Contiguous Space: 2,280 SF
Building Size (RSF): 2,280 SF
Gross Building Area: 68,380 SF
Gross Land Area: 5.42 Acres
Lease Rate: $16 PSF (Annual)
Base Monthly Rent: $3,040
Lease Types: NNN
Building Name: Paradise Square Shopping Center
Class of Space: Class B
Last Updated: 9/21/2023

Overview / Comments

Paradise Square Shopping Center is professionally managed and benefits from a harmonious, service-driven tenant mix that together operates in a synergistic manner. Access is convenient with two primary drives located at the Fairfield Drive entrance, and also from Mobile Hwy. There is pylon signage located at both entry drives and signage on the building facade.

Completely updated, Paradise Squares' mix of tenants includes national retailers Aaron’s, Buddy's, Teen Challenge, and Aqua Living working alongside local retailers and professionals to create a bright and viable shopping complex. The Center enjoys premium visibility in its key hard-corner position at the lighted intersection of Mobile Highway and Fairfield Drive with daily exposure to over 51,000 cars per day. Surrounded by national retailers and heavy rooftops the center has a long history of volume sales.

Constructed in 1975, Paradise Square underwent a major update in 2010 which was followed by continued high-level capital improvements including a new roof ($300,000) and 5 new HVAC systems in 2020, the entire center was painted in 2021, and the parking lot (striped) and landscaping updated in 2022.

Expand All Available Space

Suite: 3 2,280 SF $16 PSF (Annual) NNN
Space Available: 2,280 SF
Lease Rate: $16 PSF (Annual)
$3,040 (Monthly)
Lease Type: NNN
Space Description: Suite 3 is the last available unit in the center. This is a beautifully finished doctor's office featuring three exam rooms with sinks, three private offices, a kitchen, and a lounge with upgraded cabinets and counters
Space Subcategory: Neighborhood Center, Strip Center
Date Available: 5/24/2024
Lease Term: 36 Months
Space Type: Relet
Offices 3
Kitchen Yes
CAM Expenses $3 PSF (Annual)

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 342S300050001005
Zoning: COMM
Property Located Between: Mobile Hwy and Fairfield Drive
Property Visibility: Excellent
Highway Access: Immediate
Site Description: 68,380 SF Neighborhood Shopping center located on 6 AC with 814 FT of frontage from Mobile Hwy and Fairfield Drive
Area Description: Pinnacle position at the lighted intersection of Mobile Hwy and Fairfield Drive surrounding retailers include Home Depot, Lowes, Ross, Walgreens, Burger King, Chillis, and AutoZone
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1975
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: The center has been beautifully renovated with a stucco and stack stone exterior, a new $300K roof, and an attractive storefront façade across the entire center.
Parking Type: Surface
Parking Description: Newly paved 536-space parking lot with upgraded lighting. Parking Lot islands are nicely landscaped with palm trees, and tropical vegetation and kept fresh with red cypress mulch.
Total Parking Spaces: 536
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Professionally finished Dr's office suite with three exam rooms with sinks, three private offices, a reception area, a supply room, and upgraded cabinetry throughout. The flooring is a mix of vinyl tiles and commercial carpet.
Zoning Description: COMM
Lot Frontage: 814
Lot Depth: 445
Legal Description: in file

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,257 80,986 146,329
Median Age: 35.3 35.23 37.23
Households: 5,298 29,826 57,531

Contact

Photograph of Listing Agent

Cameron Cauley, SIOR MiCP CCA

NAI Pensacola Gulf Coast CMLS Member
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