Regions UWF Branch 9 Mile

Retail-Commercial for Sale
Call for Offers
Catylist Listing ID: 30708825
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 3,886 SF
Gross Land Area: 1.17 Acres
Sale Price: $1,700,000
Unit Price: $437.47 PSF
Property Use Type: Vacant/Owner-User
Building Name: Regions Bank UWF Branch
Sale Terms: Undisclosed
Call for Offers: Yes
Last Updated: 2/19/2021

Overview / Comments

Property Comments:
The University of West Florida market former Regions Bank branch is offered as a free-standing building prominently located at street frontage of highly progressive Nine Mile Road/ Hwy 90.

Positioned at hard corner of Nine Mile Road lit intersection, it favors immediate ingress/egress into the property.
The building is complimented by exceptional visibility as outparcel of the Target/Publix grocer anchored Neighborhood center. Strengths are based on the heavy and growing traffic counts of the University of West Florida immediate market and supportive residential expansion of the north Pensacola market. The building is close by to surrounding, supportive medical facilities, restaurants and shopping. The main gate of University of West Florida campus is less than a mile away.
Zoning is COM, Commercial, and optimal for the stability of complimenting surrounding uses.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 141S304101010001
Zoning: COM, ESCAMBIA COUNTY
Retail Clientele: Business
Property Located Between: 9 Mile Rd at University Prkwy
Property Visibility: Excellent
Largest Nearby Street: University Parkway
Traffic/Vehicle Count: 41,500
Highway Access: Immediate to Hwy.90/ 9 Mile Rd at lit intersection
Site Description: The Subject Property’s placement as an outparcel to anchor tenant Target and grocer Publix. 1.17+/- Acres Property is complimented by excellent visibility.
Area Description: 9 Mile Road at University Parkway. Strengths are based on the heavy and growing traffic counts of the University of West Florida immediate market and supportive residential expansion of the north Pensacola market. Subject is close to heavily supportive medical facilities.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2004
Roof Type: Hip
Construction/Siding: Block
Exterior Description: EXTERIOR WAL: BRICK-FACE VENEER
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Interior Description: INTERIOR WALL-DRYWALL
Lot Frontage: 170'
Lot Depth: 298'+/-
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 141S304101010001 - Full Legal Description BEG AT NW COR SEC S 88 DEG 2 MIN 0 SEC ALG N LI 1150 FT S 1 DEG 43 MIN 38 SEC W 98 90/100 FT TO PT ON SLY R/W LI NINE MILE RD (ST RD 10 200 FT R/W) PT IS NW COR BALDRIDGE DR (60 FT R/W) FOR POB CONT S 1 DEG 43 MIN 38 SEC W AND PARALLEL TO W LI SEC ALG E R/W LI BALDRIDGE DR 298 FT TO NW COR CLAPP PROPERTY S 88 DEG 2 MIN O SEC E AND PARALLEL TO N LI CLAPP PROPERTY 170 FT TO NE COR CLAPP PROPERTY N 1 DEG 43 MIN 38 SEC E AND PARALLEL TO W LI SEC 298 FT TO PT ON SLY R/W LI NINE MILE RD N 88 DEG 2 MIN 0 SEC W AND PARALLEL TO N LI SEC ALG SLY R/W LI NINE MILE RD 170 FT TO POB OR 5256 P 1478

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,738 50,566 116,129
Median Age: 35.24 36.21 38.6
Households: 2,972 21,330 46,883

Contact

Photograph of Listing Agent

Phil Sherrill

Beau Box Florida LLC Gulf Coast CMLS Member
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