10411 Sorrento Road, Pensacola, FL 32507

$4,750,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 687,377 Status: Sold
Current Price: $5,265,550 List Date: 7/24/2019 Last Modified: 10/12/2024

Description

NAI Pensacola, as exclusive broker, is pleased to present for sale, Sorrento Plaza Shopping Center comprised of three buildings measuring 36,960 +/- SF. The multi-tenant retail strip center is shadow-anchored by Walmart directly across the street, located in Pensacola Florida. Strategically-positioned between Waffle House and Sonic, within a vibrant retail nucleus, Sorrento Plaza benefits from the shadow anchors. The tenant mix is comprised of 86.8% retailers with an average tenure at the Property of 10 years. Vallarta's restaurant, Hershey, Yu Yu House, Advance America, Go Wireless, Cuts by Us and T&L Nails which has operated successfully at the property since 2006 and continually renews, reconfirming its commitment to the location.

Supplements: Retail Sales for 2019 within a three-mile radius total $1,376,503,000. Other tenants include Perdido Health Club, H&R Block, Jims Firearms, The Little Gym, Go Wireless, Phoever Noodle, Gamestop, Accentria Insurance and Clearway Clinic.

More Information MLS# 827830

None

Current Price: $4,750,000

Status Change Info

Status: Sold Under Contract Date: 2019-08-05 Sold Date: 2019-10-31 Sold Price: $4,750,000

Contract Info

List Date: 2019-07-23 List Price: $5,265,550 Listing Board: Emerald Coast

Location Tax and Legal

Area: 08 - Escambia County Street #: 10411 Street Name: Sorrento Street Suffix: Road State: FL Zip Code: 32507 County: Escambia Parcel ID: 133S311202000001

General Property Info

Listed on GCCMLS: Yes Acreage: 15.78 Lot Frontage: 667 Lot Depth: 1897 Zoning: COM

Income Producing

Property Type: Retail

Retail

# of Units: 19

Property Features

Class: Income Producing; Retail

Documents

Listing Office: NAI Pensacola
Last Updated: October - 12 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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