Catylist ID: #30770096
Retail Investment - Fully Leased
Shopping Center for Sale
|Catylist Listing ID:||30770096|
|Property Subtypes:||Strip Center|
|Building Size (RSF):||9,000 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$260.33 PSF|
|Property Use Type:||Net Leased Investment (NNN), Investment|
|Building Name:||First City Shops|
|Sale Terms:||Cash to Seller|
Overview / Comments
This beautiful strip center is located in the heart of Pensacola's retail and healthcare business district. The property has been well-maintained with recent improvements to the property including a new monument sign, resurfacing the parking lot, and exterior refinish and paint.
The building was constructed with six units, each with approximately 1,500 square feet. One tenant occupies two units, so there is a total of five tenants in the fully-leased center.
The tenants include:
The Leisure Club - Coffee and Cafe, locally owned
Benjamin Edwards - Financial Planning, national tenant
Option Care Health - Infusion Therapy/Medical, national tenant
Osteostrong - Skeletal Strength and conditioning, national franchise
Tiger Rock Martial Arts - Martial Arts Academy, national franchise (2 units)
There is ample parking with a total of 45 spaces. A portion of the parking lot in the rear of the building belongs to this property.
Neighboring businesses include Encompass Health, a 5-acre rehabilitation facility, Bere Jewelers, Bonefish Grill, and Covenant Hospice headquarters.
Rent and expense information is available with signed NDA/confidentiality agreement. Note that the building is situated on two parcels.
|Nearest MSA:||Pensacola-Ferry Pass-Brent|
|Taxing Authority:||Escambia County|
|Tax ID/APN:||331S307120001004 and 331S307101032001|
|Retail Clientele:||General, Family, Business|
|Proximity:||1 mile||3 miles||5 miles|
Susan CarrollColdwell Banker Commercial Realty Gulf Coast CMLS Member
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