Defuniak Square

Status: Active
  • Defuniak Square is a well-established shopping center anchored by Winn-Dixie.
  • Located in the heart of Defuniak Springs at a signalized intersection.  This retail corridor includes Wal-Mart, Tractor Supply Company, Hibbett Sports, Lowes, Dollar Tree and Cato.
  • Operating expenses are currently estimated at $1.45/psf. Tenant pays water, sewer, trash and electric.
  • Traffic Count: 21,000 vehicles daily

5406 Lillian Highway

Status: Active

  • Former YMCA building available for lease.
  • Open floor plan with one private office.
  • Great for retail, restaurant, office, church, etc.
  • Traffic count: 8,900

Investment Opportunity – Hardwick Square in Navarre, 1981 Hwy 87 S

Status: Active

  • Investment Opportunity – Hardwick Square. Great upside potential as a result of below market rents and strong growth in Navarre, FL.
  • Situated on a hard corner with a traffic signal.
  • Two buildings containing a mixture of office and retail tenants.  Owner occupies approximately 40% of the space but will consider leasing back after closing.
  • 100% occupied with a projected net income of $103,252, resulting in a projected cap rate of 8%.
  • 60 parking spaces on site.
  • Less than ½ mile from the proposed The Boulevard development.

2450 S Highway 29

Status: Active

  • Built in 2006, this high visibility 4,800 square foot office space is situated on a corner where Highway 29 merges with Palafox Street.  The property is adjacent to Advance Auto Parts.
  • DR Horton occupies the entire building and will be moving this year. The building is divided into three spaces of 1,200 square feet, 1,200 square feet and 2,400 square feet. This is a great opportunity for a user or investor searching for a prime location.
  • Currently three spaces occupied by owner, with a projected income of $13/psf NNN, equating to a cap rate of 9.57%.

804 N New Warrington Road

Status: Active

  • Former Pensacola Veterinary Hospital.  1,960 square feet of conditioned office space and 2,090 unfinished space.  This site features a gated courtyard. Suitable for a dog kennel or pet grooming, nursery or garden center, repair services, and a variety of retail sales.
  • Owner financing available with 10% down payment at 6% interest over a 20 year term with no prepayment penalty.
  • Traffic count: 5,300 on North New Warrington Road, 31,500 on New Warrington Road.

506 E. Burgess Road

Status: Active

  • High visibility, uncleared, commercially zoned land adjacent to Interstate 110 bordering Creighton Road, Burgess Road and Hilburn Road with approximately 635’ of frontage on Creighton Road, with a traffic light.
  • FDOT has prioritized plans to extend Creighton Road west, widening Burgess Road to four lanes to Highway 29.
  • 11,900 daily traffic count on Creighton Road.

3920 W Navy Blvd.

Status: Active

  • High visibility, vacant building. Former Direct Buy.
  • Total of 12,496 square feet, of which 8,540 is conditioned and partially built out, a 1,700 square foot mezzanine area, and 2,256 square foot warehouse space with a roll-up door.
  • Entire building insulated with spray foam.
  • 21,500 daily traffic count.

7900 Block Lillian Highway

Status: Active

  • .23 acre vacant commercial outparcel adjacent to shopping center.  Tenant mix includes Grocery Outlet, Dirt Cheap, Subway, Chef King III, Liquor Paradise, Family Dollar.  Outparcel mix includes Cazadores Mexican, a commercial icemaker and Metro PCS.
  • 400 feet from the intersection of Lillian Highway and Fairfield Drive.
  • 15,200 daily traffic count.

50 W Maxwell St.

Status: Active

  • Class A office space located one mile north of downtown Pensacola.  Total renovation in 2019.  Currently leased by the U.S. Census through December 31st, 2020.
  • Great opportunity for a user willing to take occupancy in early January 2021.
  • Located in a Florida designated Opportunity Zone.