5827 North Davis Highway, Pensacola, FL
Land for Sale - $1,700,000 - 1.46 acres
Property Info
CIMLS# | 919269 |
Location 5827 North Davis Highway Pensacola FL 32503 | |
Updated | July 3rd, 2017 |
Type | Land |
Price | $1,700,000 |
Land | 1.46 acres |
Property Description
Prime Retail Corner Parcel - Pensacola's Cordova Mall Market
Approximately 1.46 acres available for sale or ground lease located at one of the most heavily-traveled intersections of Pensacola's premiere retail, office, and medical office sub-market. Daily traffic counts of 68,000 (33,000 on Davis Highway and 35,000 on Airport Boulevard)
This property is a great site for drug stores, banks, restaurants, convenience stores, and numerous other free standing retail and office uses.
Location Description:
Located in the Cordova Mall core retail area, this property is in an extremely desirable location. The lack of available land and space is a huge barrier to entry for retailers looking to enter the Northwest Florida's premier retail market.
Located just west of Cordova Mall, the largest shopping center in Northwest Florida, this property is situated just blocks away from Sacred Heart Hospital, Pensacola State College and Pensacola International Airport. Nearby national retailers include Lowe's, Home Depot, Sam's Club, McDonald's, Panda Express, Fresh Market, Marshall's, Ulta, DSW, TGI Friday's, hhgregg, Dunkin' Donuts, Aspen Dental, Barnes & Noble, Gander Mountain, PetCo, Miller's Ale House, Rooms To Go, etc.
Highlights:
>> Fantastic development site for retail, restaurant, or office/medical office
>> 1.46 Acres on hard corner at one of Pensacola's most-traveled intersections
>> 68,000 vehicles daily
>> Located in Cordova sub-market, Pensacola's premier retail and medical epicenters
>> Available for Sale - $1,700,000
>> Available for Ground Lease - $130,000/Year
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Financials
Sales Info:
>> Commision split: 2.5%