1551 E Nine Mile Rd
Pensacola, FL 32514

WALMART NEIGHBORHOOD MARKET SHADOW CENTER The Subject property is a 11,200 SF Walmart Neighborhood Market Shadow Anchored Retail Center located in Pensacola, FL. The property was built in 2016 and is 100% occupied. STRATEGIC HIGH TRAFFIC LOCATION The property is strategically located with multiple ingress egress points along East Nine Mile Road (37,000 VPD). It is located in a busy retail, residential, and education center of North Pensacola and is surrounded by other national Retailers Including Target, Publix, Starbucks, Verizon, Sonic, and more. The property sits across from the Scenic Hills Country Club and is less than one mile from University Parkway, the entrance to the University of West Florida (13,000 Students). PENSACOLA MSA The Pensacola MSA is among the nation’s most fastest growing MSAs. It’s population (485,600+) has enjoyed steady growth over the last decade. Pensacola draws countless tourists yearly who contribute more than $787 million annually to the local economy. The city is a center for education, defense and education. Navy Federal Credit Union is completing work on a 1.5-million-square-foot headquarters expansion 8-miles west of the subject property on Nine Mile Road. The development will contribute $1 Billion and 10,000 jobs to the Pensacola economy by 2026. The main campus of the University of West Florida is situated north of the city center less than a mile from the subject property and boasts a student population of over 13,000. Pensacola is also home to the United States Naval Air Station, the first in the United States, it is the base of the Blue Angels flight team and the National Naval Aviation Museum. Pensacola is home to Gulf Power Company which is whole-owned by Southern Company; Gulf Power’s Plant Crist is located in proximity to the property.