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Description

Presenting a standout retail investment opportunity in the dynamic Pensacola market, this well-positioned retail center features a 9,017 SF building divided into five units. The property delivers consistent income with potential for growth, as current rents are below market rates. Constructed in 2008 and zoned Commercial (C-2), it offers a solid platform for a variety of retail uses. Fully occupied and supported by NNN leases, the asset provides immediate and reliable returns for investors. Its prime location in Pensacola, along with its strong fundamentals, makes it an attractive choice for those seeking a high-quality investment in a growing market.

Listing Details

  • Cap Rate

    7%

  • Space Type

    office

  • Sub Category

    traditional / medical / creative

  • Sale Type

    Investment Sale

  • Date Listed

    5/1/2026

  • Parking Info

    5 per 1000 sq ft

Property Specifics

  • Property Name

    First City Shops - Neighborhood Retail Center Investment

  • No of Buildings

    1

  • Year Built

    2008

  • Building Size

    9,017 SF

  • Zoning

    C-2

  • Occupancy

    100%