First City Shops

Excellent investment opportunity within the thriving market of Pensacola, FL. Situated in the heart of the city, the area offers a prime location for numerous retail and service uses. Located in Pensacola's core retail submarket near Cordova Mall, the area provides abundant shopping and dining options. In addition, the Pensacola International Airport is located within one half mile of the property providing convenient access. With its vibrant community and strategic positioning, the location presents an appealing prospect for potential investors seeking to establish a presence in this dynamic and growing market.Presenting an exceptional retail investment opportunity in the vibrant Pensacola area, this prime Retail Center encompasses a 9,017 SF building with 5 units, offering a stable income with upside due to current under-market rents. Built in 2008 and zoned Commercial (C-2), the property guarantees a strong foundation for diverse retail ventures. With a 100% occupancy rate, and NNN leases, investors can enjoy immediate returns on their investment. The property's strategic location in Pensacola, combined with its impressive features, positions it as a lucrative option for investors seeking a high-performing asset in a thriving market.