10411 Sorrento Road, Pensacola, FL 32507

$4,750,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 687,377 Status: Sold
Current Price: $4,750,000 List Date: 7/24/2019 Last Modified: 10/12/2024

Overview

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.

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.

Listing Details MLS# 827830

Status Change Info

Under Contract Date
2019-08-05
Sold Date
2019-10-31

Contract Info

Listing Board
Emerald Coast

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

General Property Info

Listed on GCCMLS
Yes
Acreage
15.78
Lot Frontage
667
Lot Depth
1897
Zoning
COM

More Information

Retail

# of Units
19

Location, Tax and Legal

Property Name
Sorrento Plaza
Legal Description
In file.

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
Yes
Retail
Yes

Property Features

Class: Income Producing; Retail

Documents

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.

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