For Lease
$36/SF/YR

1491 Nine Mile RdPensacola, FL 32534

New 5-unit retail center, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A retail property, Cornerstone, located at 1491 W 9 Mile Rd, Pensacola, FL 32534, presents a unique investment opportunity. Completed by October 1, 2024, this single-story building boasts a total of 8,540 square feet situated on one acre of land. The center features five individual units, offering flexibility for various retail businesses. Units 1 and 5 are larger, each encompassing 1,750 square feet, and include a significant advantage: drive-through capabilities and a 350-square-foot covered patio, perfect for restaurants or businesses requiring convenient customer access. Units 2, 3, and 4 each measure 1,260 square feet. The property benefits from its prime corner location at the intersection of Ashland and Stephani Roads, ensuring high visibility and accessibility. Ample parking is provided with 50 spaces. The property is zoned HC-LI and has an APN of 12-1S-31-1100-012-001. Its location in a new submarket with high traffic volume promises strong potential for tenant occupancy and return on investment. Units 1 and 2 are currently leased. This is an ideal opportunity to acquire a brand-new, high-quality retail center in a thriving Pensacola location.

Property Details for 1491 Nine Mile Rd

Property type
Retail properties
RSF (Rentable sq. ft)
8,540 SF
Class
A
Year Built
2023
Buildings
1
Stories
1

Unit(s) available at that property

Space
Unit 3
Size
1,260 SF
Rate per SF
$36
Space
Unit 4
Size
1,260 SF
Rate per SF
$36
Space
Unit 5
Size
1,750 SF
Rate per SF
$36

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.6155415
Longitude
-87.3214908
1491 Nine Mile Rd, Pensacola, Florida

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1491 Nine Mile Rd
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