Ground Lease Opportunity

Pensacola is located on Florida’s Gulf Coast near the Florida/Alabama state line. The Pensacola market has experienced explosive growth in recent years due to the high population growth and strong median income. The strong economy and tourism have fueled the housing and retail demand in Pensacola over recent years. The government has a substantial presence in the metro, with more than 23,000 military and civilian personnel employed at NAS Pensacola, located approximately 25 minutes from the site. Also, Whiting Field Naval Base is approximately 35 minutes from the site. The property is in close proximity to the core retail trade area, airport, hospital, Pensacola State College, University of West Florida, and the beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach+/- .44 acres ground lease or build-to-suit outparcel in Pensacola, Florida. The site is adjacent to retailers Barnes & Noble, O’Reilly Auto Parts Ultra Hub, and Ashley Outlet. The property is within minutes of Pensacola International Airport, Cordova Mall, Sacred Heart Hospital, local schools, and the new $636M Baptist Hospital. Nearby national retailers include Publix, Target, Lowe’s, Dicks Sporting Goods, Hobby Lobby, Big Lots, Walmart, Winn Dixie, Dollar Tree, CVS, Walgreens, Starbucks, and many more.