Outparcel to Walmart Shopping Center
97th% Percentile Ranking – National
93rd% Percentile Ranking – State
100th% Percetile Ranking – City
The property sits on ±0.88 acres and is priced below the replacement cost
Lot contains 45 parking spots to accommodate in-store dining business
High retail synergy with surrounding National Credit Tenants including: Walmart, Zaxby’s, McDonald’s, CVS, Hardee’s, Burger King, and AutoZone. Caliber Car wash was recently developed on the adjacent parcel to the west
The property has excellent exposure to Creighton Rd, which sees an average of 20,900 vehicles per day
The property sits within a 5-mile population of ±110,404
Retail rents in the Pensacola Market are rising at a 4.8% annual rate during the fourth quarter of 2022 and have posted an average annual gain of 3.4% over the past three years
Pensacola is home to Florida’s largest employer and one of the southeast’s largest naval installations, the Naval Air Station Pensacola (NAS Pensacola) which has ±23,400 military and civilian employees. The NAS Pensacola is the “Cradle of Naval Aviation” as the initial primary training base for all Navy, Marine Corps, and Coast Guard pilots, the advanced training base for most naval flight officers, and the home of the Blue Angels. Additionally, the NAS Pensacola was the first Naval Air Station commissioned by the US Navy in 1914