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Highlights
- Available: 15,000 SF box
- Shares signaled intersection with Walmart as well as dedicated right-in access
- Join Ross, Five Below, Harbor Freight, Chick-fil-a, and Bealls
- Quick access to Pensacola Naval Air Station as well as nearby rooftops
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 15,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
400 N Navy Blvd - 1st Floor
15,000 square feet of retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 Southgate Plaza
- Tenant
- Description
- US Locations
- Reach
- Bealls
- Dept Store
- 852
- National
- Cato
- Ladies' Apparel
- 1,474
- National
- Dollar Tree
- Dollar/Variety/Thrift
- 11,315
- International
- Harbor Freight Tools
- Hardware
- 1,789
- National
- Hibbett Sports
- Sporting Goods
- 1,342
- National
- Rent-A-Center
- Rental Shop
- 3,264
- International
| Tenant | Description | US Locations | Reach |
| Bealls | Dept Store | 852 | National |
| Cato | Ladies' Apparel | 1,474 | National |
| Dollar Tree | Dollar/Variety/Thrift | 11,315 | International |
| Harbor Freight Tools | Hardware | 1,789 | National |
| Hibbett Sports | Sporting Goods | 1,342 | National |
| Rent-A-Center | Rental Shop | 3,264 | International |
Property Facts
| Total Space Available | 15,000 SF | Frontage | 917’ on Navy Blvd |
| Center Type | Neighborhood Center | Gross Leasable Area | 163,912 SF |
| Parking | 737 Spaces | Total Land Area | 25.46 AC |
| Stores | 1 | Year Built | 1981 |
| Center Properties | 6 |
| Total Space Available | 15,000 SF |
| Center Type | Neighborhood Center |
| Parking | 737 Spaces |
| Stores | 1 |
| Center Properties | 6 |
| Frontage | 917’ on Navy Blvd |
| Gross Leasable Area | 163,912 SF |
| Total Land Area | 25.46 AC |
| Year Built | 1981 |
About the Property
The Pensacola retail market is driven by large employers in the military, healthcare, education, and financial services employment. This site is Located on Navy Boulevard, one of Pensacola’s busiest retail and commercial corridors with strong visibility and daily traffic counts from both local and commuter demand drivers. This site is home to an array of uses driving daily traffic to the center.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
Southgate Plaza | 400 N Navy Blvd
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