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5353 N Palafox St
1,750 - 6,500 SF of Office/Retail Space Available in Pensacola, FL 32505
Highlights
- Located on the Northside of Pensacola, right beside the heavily trafficked U.S. Route 29, and just minutes away from I-110.
- Traffic volume of 27,425 in 2022 at N Palafox St and Yoakum Ct S.
- Ample Parking and Visibility.
- Neighboring tenants include Jimmy Johns, Sweet Cone Alabama Ice Cream, and Pensacola Christian Academy.
- Less then a mile from the New Baptist Medical Complex
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,750 SF | 1-10 Years | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $2,625 /MO $31,500 /YR | Triple Net (NNN) | ||
| 1st Floor | 1,750 SF | 1-10 Years | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $2,625 /MO $31,500 /YR | Triple Net (NNN) | ||
| 1st Floor | 1,750-3,000 SF | 1-10 Years | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $4,500 /MO $54,000 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Fits 5 - 14 People
- 2 Private Offices
- Can be combined with additional space(s) for up to 6,500 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Security System
- Natural Light
- Open-Plan
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Fits 5 - 14 People
- Can be combined with additional space(s) for up to 6,500 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Security System
- Natural Light
- Open-Plan
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Fits 5 - 24 People
- Can be combined with additional space(s) for up to 6,500 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Security System
- Natural Light
- Open-Plan
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5353 N Palafox St , Pensacola, FL 32505
| Min. Divisible | 1,750 SF | Gross Leasable Area | 6,500 SF |
| Property Type | Retail | Year Built/Renovated | 1996/2023 |
| Property Subtype | Freestanding | Parking Ratio | 6.46/1,000 SF |
| Min. Divisible | 1,750 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,500 SF |
| Year Built/Renovated | 1996/2023 |
| Parking Ratio | 6.46/1,000 SF |
About the Property
This freestanding retail building is ideally situated on the Northside of Pensacola on a .65-acre lot, right beside the heavily trafficked U.S. Route 29 and just minutes away from I-110. New HVAC was installed in 2023, along with a new roof coating and parking lot sealing. This one-story building offers exceptional accessibility, with close proximity to public transit at Pensacola Blvd & Michigan Ave, located just a minute away, and Pensacola International Airport, a mere 11 minutes away. Additionally, downtown Pensacola, FL, is only an 11-minute drive. Ok for marijuana businesses(no mortgage). Located less then one mile from the new Baptist medical complex (550 beds, over 600k sqft, less then year old). The property is located in a B and X moderate flood area and boasts 42 surface parking spaces. Neighboring tenants include Jimmy Johns, Sweet Cone Alabama Ice Cream, and Pensacola Christian Academy, contributing to the site's strong foot traffic. The area recorded a traffic volume of 27,425 in 2022 at N Palafox St and Yoakum Ct S, highlighting its visibility and accessibility for potential customers.
- Bus Line
- Signage
DEMOGRAPHICS
Demographics
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William Van Horn -
Van Horn Development
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5353 N Palafox St
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