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.
Listing Office: NAI Pensacola
Last Updated: October - 12 - 2024
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