Retail / Restaurant Site for Ground Lease on Davis Highway

Vacant Land for Lease
Catylist Listing ID: 30868102
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 1.45 Acres
Lease Rate: $175,000 (Annual)
$2.77 PSF (Annual)
Base Monthly Rent: $14,583
Lease Types: Ground Lease
Last Updated: 7/12/2024

Overview / Comments

Highly-visible lot for ground lease with excellent exposure on one of Pensacola's main retail corridors. Situated as an out parcel to BJ's Warehouse Club, this lot is located between a top-performing Bubba's 33 (nearly 270,000 annual visits, per Placer.ai) and Jim N' Nick's BBQ (coming soon), and nearby other high-volume restaurants including Cheddar's Scratch Kitchen and Texas Roadhouse. Site is located ½ mile south of I-10 and in close proximity to major area hospitals - Sacred Heart and West Florida Medical - along with numerous national retailers.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 301S303103000001
Zoning: HC/LI
Property Visibility: Excellent
Largest Nearby Street: N Davis Hwy
Traffic/Vehicle Count: 41,000
Development Name: University Town Plaza

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,136 62,516 159,476
Median Age: 34.13 36.84 38.49
Households: 6,284 25,976 64,455

Contact

Photograph of Listing Agent

Kenny Nichols

Vallas Realty, Inc. Gulf Coast CMLS Member
© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Moody's assume any liability for errors or omissions.