$4,750,000
Pensacola, FL 32507
MLS# 827830
Status: Sold
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Property Description
NAI Pensacola, as exclusive broker, is pleased to present for sale, Sorrento Plaza Shopping Center comprised of three buildings measuring 36,960 +/- SF. The multi-tenant retail strip center is shadow-anchored by Walmart directly across the street, located in Pensacola Florida. Strategically-positioned between Waffle House and Sonic, within a vibrant retail nucleus, Sorrento Plaza benefits from the shadow anchors. The tenant mix is comprised of 86.8% retailers with an average tenure at the Property of 10 years. Vallarta's restaurant, Hershey, Yu Yu House, Advance America, Go Wireless, Cuts by Us and T&L Nails which has operated successfully at the property since 2006 and continually renews, reconfirming its commitment to the location.
Details
Documents
Contract Info
Listing Board: Emerald Coast
List Date: 2019-07-23
List Price: $5,265,550
Location, Tax and Legal
Property Name: Sorrento Plaza
Legal Description: In file.
General Property Info
Listed on GCCMLS: Yes
Lot Depth: 1897
Zoning: COM
Lot Frontage: 667
Acreage: 15.78
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: NAI Pensacola, as exclusive broker, is pleased to present for sale, Sorrento Plaza Shopping Center comprised of three buildings measuring 36,960 +/- SF. The multi-tenant retail strip center is shadow-anchored by Walmart directly across the street, located in Pensacola Florida. Strategically-positioned between Waffle House and Sonic, within a vibrant retail nucleus, Sorrento Plaza benefits from the shadow anchors. The tenant mix is comprised of 86.8% retailers with an average tenure at the Property of 10 years. Vallarta's restaurant, Hershey, Yu Yu House, Advance America, Go Wireless, Cuts by Us and T&L Nails which has operated successfully at the property since 2006 and continually renews, reconfirming its commitment to the location.
Class
Income Producing: 1
Retail: 1
Retail
# of Units: 19
Income Producing
Property Type: Retail
None
Current Price: $4,750,000
Status Change Info
Status: Sold
Under Contract Date: 2019-08-05
Sold Date: 2019-10-31
Sold Price: $4,750,000
Location Tax and Legal
Area: 08 - Escambia County
Street #: 10411
Street Name: Sorrento
Street Suffix: Road
State: FL
Zip Code: 32507
County: Escambia
Parcel ID: 133S311202000001
Property Features
Class: Income Producing; Retail
Supplements
Retail Sales for 2019 within a three-mile radius total $1,376,503,000. Other tenants include Perdido Health Club, H&R Block, Jims Firearms, The Little Gym, Go Wireless, Phoever Noodle, Gamestop, Accentria Insurance and Clearway Clinic.
Brochure Listing Office: NAI Pensacola
Last Updated: October - 12 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
