3811 Nine Mile RdPensacola, FL 32526

Property Details for 3811 Nine Mile Rd

Property size (Sq ft)

17,183 SF

Property type

Specialty properties

Property subtype

Day care centers & nurseries

Description

This exceptional investment opportunity presents a mixed-use property encompassing a Shell gas station with 12 pumps, a UPOP convenience store, and a new MKU Montessori daycare. Located at 3811 W 9 Mile Rd, Pensacola, FL 32526, this Class A property boasts a total of 17,183 square feet across two buildings, situated on a high-traffic corridor with over 31,000 average daily traffic counts (2022 data). The daycare (10,613 sq ft) and convenience store (6,570 sq ft) are under construction, with completion slated for Fall 2024. The strategic location offers unparalleled access to major thoroughfares, including I-10, and is less than a mile from the Navy Federal campus. Nearby amenities include Fusion Fine Wine & Liquors, The 52 Apartments, Evolve Apartments, Sacred Heart Hospital, Baptist Hospital, and Pensacola International Airport. Escambia County's robust population growth (329,996 residents in 2024) and significant monthly influx of new residents further enhance the investment potential. This property is zoned COM and offers a compelling 7.00% cap rate at an asking price of $12,000,000. Ideal for a 1031 exchange or other institutional investors. Note: Images are renderings

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.5342

Longitude

-87.346

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