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HIGHLIGHTS
- Freestanding retail building with 45-linear feet of frontage on Navy Blvd.
- Nearby amenities include dining, a fitness center, auto repair shop, and hotel.
- High visibility property: passed by 50,700 daily drivers.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,201 SF | Negotiable | $20.74 CAD/SF/YR $1.73 CAD/SF/MO $45,643 CAD/YR $3,804 CAD/MO | Modified Gross |
1st Floor
This building, currently occupied by A-1 Pawn Shop on Navy Boulevard, is roughly 2,201 square feet on an approximately .42 acre commercially (COM) zoned parcel with an income producing billboard currently paying $300 monthly on a month-to-month lease. The owner will consider financing. Roof will need to be replaced. Small building on-site not included in square footage provides additional storage. This site is located near the intersection of Highway 98, Corry Station and multiple national and regional QSR’s/retail. Businesses in the immediate vicinity include Popeyes, Hardee’s, Dunkin, Jimmy John’s, Shrimp Basket, Battery Source, Discount Mufflers & Brakes, O’Reilly Auto Parts, Green Dragon Cannabis, American Lube Fast, and more. The average daily traffic count is 21,500 vehicles.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- Freestanding retail offering.
- Pylon and prominent signage opportunity.
- Close to Popeyes, Hardees, and Dunkin.
- High visibility: passed by 50,700 daily drivers.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 789 N NAVY BLVD, PENSACOLA, FL 32507
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- A1 Pawn
- Finance and Insurance
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| A1 Pawn | Finance and Insurance | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,201 SF | Gross Leasable Area | 2,604 SF |
| Property Type | Retail | Year Built | 1954 |
| Property Subtype | Freestanding | Parking Ratio | 1.92/1,000 SF |
| Total Space Available | 2,201 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 2,604 SF |
| Year Built | 1954 |
| Parking Ratio | 1.92/1,000 SF |
ABOUT THE PROPERTY
This building, currently occupied by A-1 Pawn Shop on Navy Boulevard, is roughly 2,201 square feet on an approximately .42 acre commercially (COM) zoned parcel with an income producing billboard currently paying $300 monthly on a month-to-month lease. Located in an Opportunity Zone. The owner will consider financing. Roof will need to be replaced. Small building on-site not included in square footage provides additional storage. This site is located near the intersection of Highway 98, Corry Station and multiple national and regional QSR’s/retail. Located .34 miles from a Walmart Supercenter, other businesses in the immediate vicinity include Popeyes, Hardee’s, Dunkin, Jimmy John’s, Shrimp Basket, Battery Source, Discount Mufflers & Brakes, O’Reilly Auto Parts, Green Dragon Cannabis, American Lube Fast, and more. The average daily traffic count is 21,500 vehicles.
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Presented by
789 N Navy Blvd
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