Freestanding Retail -US Hwy 90

Retail-Commercial for Lease
Catylist Listing ID: 30765696
Property Subtypes: Free-Standing Building, Street Retail
Contiguous Space: 8,990 SF
Building Size (RSF): 8,990 SF
Gross Land Area: 1.48 Acres
Lease Rate: $14 PSF (Annual)
Base Monthly Rent: $10,488
Lease Types: NNN
Ceiling: 12.1 ft.
Last Updated: 1/23/2022

Overview / Comments

Freestanding retail space available with 300 feet of road frontage on US Hwy 90 in Milton, FL with an average daily traffic count (AADT) of 21,500 and close proximity to highways (3.5 miles to Hwy 87 and 3 miles to I-10) and less than a half a mile to Historic Downtown Milton. Ceiling height max of 12.4 ft. and a low of 10.4 ft. Entire space available for lease, but Landlord will divide with acceptable leasing terms.

Expand All Available Space

Suite: 7060 8,990 SF $14 PSF (Annual) NNN
Space Available: 8,990 SF
Lease Rate: $14 PSF (Annual)
$10,488 (Monthly)
Lease Type: NNN
Date Available: 10/15/2021
Space Type: Relet
Parking Spaces 30
Rent Escalators Step-Up Lease
Rent Escalators Description 3% Annually

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 02-1N-28-0240-00500-0011
Zoning: HCD
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Willing St and Ward Basin
Property Visibility: Excellent
Largest Nearby Street: US Hwy 90
Feet of Frontage: 300
Traffic/Vehicle Count: 21,500
Highway Access: 3.5 miles to Hwy 87 and 3 miles to I-10
Airports: Pensacola International Airport, Naval Air Station Whiting Field
Site Description: Property includes 3 parcels totaling 1.48 acres. Site has two means of ingress and egress on US Hwy 90 with a median cut for E/W access and a dedicated turn lane for east bound traffic to turn into the property.
Area Description: Santa Rosa County is one of the fastest growing counties in the U.S. The County also boasts high median household incomes, low business costs, top ranked school system and low crime rates according to the Santa Rosa EDC. Milton is home to the Blackwater State Park & Blackwater River. The navigable waterways of the River flow into the Blackwater Bay. The area is known for its white beaches, large sandbars, canoe trail along with kayaking, tubing and fishing, giving Milton the distinction as the "Canoe Capital" of Florida.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,990 SF
Property Condition: Good
Year Built: 1946
Year Renovated: 2002
Total Parking Spaces: 30
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 300
Lot Depth: 229.0
Water Service: Municipal
Legal Description: Multiple Parcels. Lengthy in file.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,390 18,484 45,044
Median Age: 37.04 39.2 38.14
Households: 567 7,295 16,236


Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial Realty
Gulf Coast CMLS Member
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