The Shops at Southtowne

Retail-Commercial for Lease
Catylist Listing ID: 30010254
Property Subtypes: Mixed Use, Street Retail
Building Status: Under Construction
Contiguous Space: 822 - 1,822 SF
Total Available: 1,000 SF
Gross Building Area: 13,950 SF
Lease Rate: $24 PSF (Annual)
Base Monthly Rent: $1,644 - 3,644
Lease Types: NNN
Building Name: Southtowne
Last Updated: 10/4/2018

Overview / Comments

Come join the centerpiece of the wave of downtown Pensacola development. Southtowne is downtowns newest neighborhood featuring $80,000,000 on investment including new, 26,000 SF of retail, 35,000 of Class Office, $16 Million YMCA and 258 Class A apartments. The mixed use development includes 260 rental apartments and 13,950sf street level retail, as well as a $16 million YMCA complex and a $9 million 60,000sf office building.

The mixed-use apartment and retail complex will be the center of a new urban village in the heart of downtown Pensacola. The retail component of the mixed use development consists of 928sf - 13,950sf of street level retail along Jefferson Street and wrapping around Romana and Intendencia Streets.

The building, which will be completed Q3 2017, features design elements that are meant to mirror facets of neighboring buildings and pay homage to architectural styles traditionally reflected in buildings from Pensacola’s vibrant history dating back to 1559.

$80 Million Mixed-use Development

258 Class A Residential Units

Highly visible signage

High ceilings

Vanilla box delivery

Ample plaza area

Expand All Available Space

Suite: Unit E 1,000 SF $24 PSF (Annual) NNN
Space Available: 1,000 SF
Minimum Divisible: 822 SF
Max Contiguous: 1,822 SF
Lease Rate: $24 PSF (Annual)
$1,644 - 3,644 (Monthly)
Lease Type: NNN
Space Description: Premier retail inline shops space on Jefferson Street in the heart of downtown Pensacola. Immediately across the street from and facing Sluggo's and Cabaret. Tenant improvement allowance and/or free rent available subject to tenant's financials and business plan. Space can be delivered in vanilla shell or raw shell with a credit. Square footages are flexible and can be combined or potentially divided.
Date Available: 10/1/2017
Lease Term: 60 Months
Space Type: New

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 000S009001001169
Zoning: M1
Retail Clientele: General, Business
Property Visibility: Excellent
Tenancy: Multiple Tenants
Year Built: 2017

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,402 45,514 114,033
Median Age: 43 39.91 37.64
Households: 2,175 19,208 43,434

Contact

Photograph of Listing Agent

Justin A. Beck, CCIM, CPM

Beck Partners CRE, LLC TALrex.com Member
Photograph of Listing Agent

Stacy Taylor, CCIM

Beck Partners CRE, LLC Not a member of TALrex.com
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