Marketplace Plaza

Investment Overview

NAI Pensacola is pleased to present Marketplace Plaza, a fully occupied, income-producing retail investment located at 6508 W. Jackson Street in Pensacola, Florida. The property offers an attractive 10.93% capitalization rate with annual net operating income of $139,407.04, supported by a strengthened tenant roster and recent lease commitments. The center has recently welcomed Cousins Maine Lobster, a nationally recognized brand, under a five-year lease, along with an established local retailer that has committed to a new three-year lease. These additions bring the property to 100% occupancy, enhancing its investment appeal and providing contracted rental income. The offering also includes an adjacent vacant parcel, creating additional value through potential future expansion, redevelopment, or new income-producing uses, subject to applicable approvals A compelling opportunity to acquire stabilized retail income today with the potential to create additional value tomorrow.

Investment Highlights

• 18,912 SF Multi-Tenant Center
• 100% Occupancy
• 10.93% 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