1491 Nine Mile RdPensacola, FL 32534

Property Details for 1491 Nine Mile Rd

Year built

2023

Lot size

1.00 AC

Property size (Sq ft)

8,540 SF

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

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.

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.6155

Longitude

-87.3215

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