Cordova Mall - Belk

Off-Market

5100 North 9th Avenue, Pensacola, FL 32504

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  • Property Type Retail - Super Regional Mall
  • Property Size 134,198 SF
  • Lot Size 9.08 Acre
  • Property Tenancy Owner Occupied
  • Year Built 1986

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 20 Mar, 2012
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Pensacola

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Pensacola Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $21.47
  • 2022 Office Vacancy Rate 11.01%
  • 2022 Office Completions (SF)

Pensacola Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $132.26
  • 2022 Office Sales Volume $30.2M
  • 2022 Number of Transactions 4
View more Pensacola market trends

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent
  • Transit Score ®

    28/100 Some Transit
  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Pensacola, FL
  • Neighborhood Cordova Park
  • Zip Code 32504
  • Market Pensacola

Points of Interest

  • Pensacola

    3.81 miles

  • Palmetto Beach Park

    6.73 miles

  • Shell

    0.44 miles

  • Tom Thumb

    0.68 miles

  • RaceWay

    1.38 miles

  • Citgo

    1.50 miles

  • BJ's Gas

    2.01 miles

  • RaceWay

    2.19 miles

  • Exxon

    2.39 miles

  • BP

    2.40 miles

  • A & E Food Market

    2.42 miles

  • Shell

    2.52 miles

  • Lot V

    0.30 miles

  • Parking Lot I

    0.31 miles

  • Lot R

    0.31 miles

  • Lot S

    0.33 miles

  • Lot U

    0.33 miles

  • Parking Lot M

    0.33 miles

  • Parking Lot J

    0.34 miles

  • Lot W

    0.35 miles

  • Parking Lot F

    0.35 miles

  • Lot T

    0.36 miles

  • Chick-fil-A

    0.21 miles

  • Steak 'n Shake

    0.22 miles

  • Chili's

    0.25 miles

  • Mugshots Grill & Bar

    0.25 miles

  • Newk's

    0.25 miles

  • Village Inn

    0.25 miles

  • Red Lobster

    0.25 miles

  • BJ's Restaurant & Brewhouse

    0.26 miles

  • Taco Bell

    0.28 miles

  • LongHorn Steakhouse

    0.28 miles

  • Belk

    0.01 miles

  • Cordova Mall

    0.11 miles

  • Ross

    0.14 miles

  • Dillard's

    0.15 miles

  • Winn-Dixie

    0.37 miles

  • Target

    0.43 miles

  • Publix

    0.50 miles

  • Big Lots

    1.36 miles

  • TJ Maxx

    1.77 miles

  • Walmart Supercenter

    1.80 miles

Frequently Asked Questions

What is the total square footage of Cordova Mall - Belk?

Cordova Mall - Belk totals 134,198 square feet.

When was this property built?

Cordova Mall - Belk was built in 1986.

When was Cordova Mall - Belk last sold?

Cordova Mall - Belk was last sold on 20 Mar, 2012.

What is the property tax for Cordova Mall - Belk?

The property tax for Cordova Mall - Belk in 2022 was $129,692.

What is the market value for Cordova Mall - Belk?

The market value* for Cordova Mall - Belk in 2022 was $7,628,234.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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