STNL.com is pleased to present for sale a 100% fee simple, single-tenant Green Dragon property located in Pensacola, FL.
1. Major university proximity: Green Dragon’s location is just 2.5 miles from the University of West Florida. The 1,600-acre campus is home to nearly 15,000 students and this consistent daily traffic and young consumer base can support retail in this area for decades to come.
2.First Costco in Pensacola: Costco has received final approval to develop a 172,580 square foot warehouse and fuel station along Nine Mile Road, the first of its kind in the Pensacola market. This warehouse will be 0.8 miles from the subject property and will drive substantial additional traffic to the immediate trade area.
3.Dense and Affluent Population Base: The property is positioned in the heart of a thriving corridor supported by a large and prosperous consumer base. Within a 5-mile radius,
more than 112,000 residents call this area home, with average household income approaching $95,000.