Retail    

Palafox Square

Pensacola, FL

Asking Price

$6,223,353

Cap Rate

6.50%

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Expenses

NN

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Avg HHI (3-Mi)

$80K

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Population (5-Mi)

112K

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Adjacent to Walmart-Anchored Shopping Center
  • Fully Occupied Strip Center
  • Highly Trafficked Location, Excellent Access and Visibility
  • Strategically Located Near Pensacola's Top Employer
  • Proximity to Longest Tenured Naval Air Base and Florida’s Largest Employer
  • Major Tourist Destination
  • Outstanding Demographics
  • Dense Retail Trade Area
  • Replaceable Rents with Upside Potential
  • No State Income Tax

Exclusively Listed By

Michael Watson

Senior Associate
  mwatson@northmarq.com      404.823.6749

Mike Sladich

Managing Director
  msladich@northmarq.com   

Maggie Holmes

Senior Vice President
  mholmes@northmarq.com   

Robert Poirier

Associate Vice President
  rpoirier@northmarq.com   

Joshua Greene

Investment Analyst
  jgreene@northmarq.com   

Sam Wilson

Associate Vice President
  swilson@northmarq.com   

Chanel Tobias

Investment Analyst
  ctobias@northmarq.com   

In Association With
Jason Long

FL License #BK3302956

Northmarq

3340 Peachtree Rd NE | Suite 650
Atlanta, GA 30326
404.823.6360


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