Great Location by the Mall- Restaurant / Retail: Maximum Exposure

Retail-Commercial for Lease
Catylist Listing ID: 30471295
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Other
Contiguous Space: 3,785 SF
Building Size (RSF): 3,785 SF
Gross Land Area: 0.52 Acres
Lease Rate: $72,000 (Annual)
$19.02 PSF (Annual)
Base Monthly Rent: $6,000
Lease Types: NNN
Building Name: Restaurant
Last Updated: 10/15/2019

Overview / Comments

Prime Location on one of the busiest and most prestigious corners in Pensacola, FL. This 3,785 sq.ft. building used to be a restaurant, but any retail business would also flourish at this location. The building was originally a Rax Restaurant, but had been updated and remodeled in 1994. Additional dining rooms were built on, and recently an outdoor deck has also been built. There is a drive-thru for any fast food restaurant & convenience for its customers. There is plenty of parking, and a cross-easement with Publix to allow overflow parking to use their lot.

Call for a showing today! This location will not last long!

Attachments & Media

Expand All Available Space

Suite: 1 3,785 SF $72,000 (Annual) NNN
Level/Floor: 1
Space Available: 3,785 SF
Lease Rate: $72,000 (Annual)
$19.02 PSF (Annual)
$6,000 (Monthly)
Lease Type: NNN
Space Description: This Building was a restaurant building with the original tenants being Rax Restaurants. Then additions were made on to the building when it was operating as a Chinese restaurant. Since then, it has had several other local restaurants leasing this space. It can be remodeled into a retail space. There is plenty of parking, and there is even a cross-easement with Publix to allow use of parking in their lot.
Date Available: 8/11/2019
Lease Term: 36 Months
Space Type: Relet
Kitchen Yes
Parking Spaces 35

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: City of Pensacola, Escambia County
Tax ID/APN: 331S307400003500
Zoning: C-1 (CITY)
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Bayou Blvd. and Fairfield Drive
Property Visibility: Excellent
Largest Nearby Street: 9th Avenue
Feet of Frontage: 125
Traffic/Vehicle Count: 26,000
Airports: Pensacola International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,785 SF
Property Condition: Good
Year Built: 1984
Year Renovated: 1994
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block and wood exterior painted.
Parking Type: Surface
Zoning Description: C-1
Lot Frontage: 125
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal
Legal Description: BEG AT INTER OF WLY R/W LI NINTH AVE (SR 289 100 FT R/W) AND SLY R/W LI BAYOU BLVD (SR 296 100 FT R/W) S 25 DEG 03 MIN 30 SEC W ALG WLY R/W LI 590 FT FOR POB CONT S 25 DEG 03 MIN 30 SEC W ALG R/W 25 23/100 FT TO PC TH ALG R/W LI NINTH AVE BEING CONCAVE SELY AND HAVING RADIUS 1965 04/100 FT AN ARC DIST 124 86/100 FT (CH=124 84/100 FT CH BRG= S 23 DEG 14 MIN 17 SEC W) N 64 DEG 56 MIN 30 SEC W 153 97/100 FT N 25 DEG 03 MIN 30 SEC E 150 FT S 64 DEG 56 MIN 30 SEC E 150 FT TO PT ON WLY R/W LI NINTH AVE AND POB OR 3807 P 813 OR 5351 P 1463 LESS OR 4428 P 608 STATE OF FLORIDA SHEET G

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,400 73,355 156,648
Median Age: 39.28 38.04 38.3
Households: 2,667 29,682 64,396

Contact

Photograph of Listing Agent

David P Wu

Alliance Real Estate Gulf Coast CMLS Member
Photograph of Listing Agent

Omar Walter Nagi

Alliance Real Estate Gulf Coast CMLS Member
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