Publix Outparcels at Nine Mile Crossing in Pensacola
Also listed as Retail-Commercial
|Catylist Listing ID:
Retail, Retail-Pad, Other
|Gross Land Area:
0.98 - 1.01 Acres
$0 PSF (Annual)
|Base Monthly Rent:
Overview / Comments
Three outparcels available for ground lease in front of Pensacola’s newest Publix-anchored development. These outparcels present an incredible opportunity for an end user to locate in front of the “South’s Best Grocery Store” as voted by Southern Living, in one of Escambia County’s fastest growing areas with over 2,000 single-family homes planned within a short drive of the site. Publix is scheduled to open in March 2021 and these parcels will be delivered in rough graded condition with curb cuts and offsite retention in place. Inquire with Broker for pricing information.
Northwest Pensacola’s growth has been astounding over the past several years, with major investments from the public and private sectors. Highlighted by Navy Federal Credit Union’s $1B+, 1.5 million SF campus expansion expected to employ 10,000+ in the next few years, additional ongoing development in the surrounding area includes 2,000+ single-family lots within a four-mile radius, a new 4,950 SF Circle K, a new 350-unit luxury apartment complex, and a large-scale mixed used development on the OLF 8 property.
In response to ongoing growth in the area, the Florida Department of Transportation (FDOT) recently opened a four-lane expansion of Nine Mile Road at a cost of approximately $21M. FDOT is currently working through preliminary environmental and engineering on a new interchange at I-10 at Beulah Road which would include widening of Beulah Road from I-10 to West Nine Mile Road. The new 205,000 SF, $45 million Beulah Middle School opened in August 2018.
Attachments & Media
|Property Located Between:
||Beulah Road and I-10
|Largest Nearby Street:
||West Nine Mile Road
||Uses subject to Publix ECR
||Nine Mile Crossing
||Electric, Water, Sewer
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