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1917 Cervantes St 2,564 SF of Retail Space Available in Pensacola, FL 32501
HIGHLIGHTS
- Corner location with excellent visibility near Pace Boulevard
- Eligible for up to $70,000 in CPIP grant funding for improvements
- High-traffic corridor offering strong exposure without hard-corner pricing
- Multiple access points and on-site parking for customer convenience
- Flexible C-1 zoning accommodates diverse business uses
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,564 SF | 3-5 Years | $15.00 /SF/YR $1.25 /SF/MO $38,460 /YR $3,205 /MO | Triple Net (NNN) |
1st Floor
Located at the corner of W Cervantes Street and N Street, this freestanding building offers exceptional visibility just one block west of the signalized intersection at Pace Boulevard and Cervantes. The property combines strong street presence with convenient on-site parking and multiple access points, making it an ideal choice for businesses seeking exposure along one of Pensacola’s busiest east–west corridors without the premium cost of a hard-corner site. Built in 1964 and totaling under 3,000 square feet, the building qualifies for the City of Pensacola’s Commercial Property Improvement Program (CPIP). This program provides grant funding of up to $70,000 for eligible non-residential properties, subject to city approval, with a 20% owner match required. This incentive creates a unique opportunity for tenants or owner-users to modernize the space while significantly reducing renovation costs. The property’s flexible C-1 zoning supports a wide range of uses, from professional services to boutique retail, and its strategic location ensures easy access to downtown Pensacola, major thoroughfares, and surrounding residential neighborhoods. With built-in upside through city funding and strong traffic exposure, 1917 W Cervantes is perfectly positioned for businesses looking to establish a long-term presence in a growing market.
- Lease rate does not include utilities, property expenses or building services
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.
SELECT TENANTS AT 1917 CERVANTES ST, PENSACOLA, FL 32501
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Brooklyn Deli
- -
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Brooklyn Deli | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,564 SF | Gross Leasable Area | 2,564 SF |
| Property Type | Retail | Year Built | 1964 |
| Property Subtype | Freestanding |
| Total Space Available | 2,564 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 2,564 SF |
| Year Built | 1964 |
FEATURES AND AMENITIES
- Bus Line
- Corner Lot
- Drive Thru
Presented by
1917 Cervantes St
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