Marketplace Plaza

Investment Overview

Located at 6508 W. Jackson Street in Pensacola, this 18,912 SF multi-tenant retail center has just been reduced to $1,275,000 and is being offered at an approximate 7.9% CAP rate. The property is positioned on a signalized corner, offers strong frontage and access, and includes an adjacent vacant parcel that adds future upside. The center has also undergone substantial renovations, including improvements to the roof, HVAC, electrical, plumbing, finishes, signage, and parking lot. With in-place tenancy, recent capital improvements, and a more attractive basis, this is a compelling opportunity for investors seeking stable income with additional upside potential.

Investment Highlights

• 18,912 SF Multi-Tenant Center
• 89% Occupancy
• 7.9% CAP
• Major system upgrades including roof, HVAC, electrical, plumbing, signage, and parking lot resurfacing
• Adjacent Parcel included in offering allowing for future expansion, redevelopment, or other value enhancing uses.
• Corridor Improvements underway include Sidewalks, lighting, landscaping, sewer access further strengthening long term appeal