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1 COMMERCIAL Q U Real Estate News A R T E R L Y Volume

2 Featured Properties MIDWAY OFFICE/RETAIL. Office and retail spaces with high traffic counts and great visibility on Hwy 98. Reception areas, private offices and storage. For lease $6-12/SF per month. O-4029 PINE FOREST CENTER. Located in the fastest growing area along Nine Mile Rd ,000 SF available for office or retail use. For lease $12-$15/SF per month. O-1363 NORTHSIDE PLAZA. High growth area in Cantonment along busy Hwy 29. 1,600-6,000 SF available. For lease $8.50/SF per month. O-3569 DOWNTOWN OFFICE BUILDING. Historic building restored for professional office use. 7,000 SF building on a corner lot with gated parking. For sale $840,000. I-4424 Log on to for complete property listings.

3 Commercial Property for Sale PENSACOLA DENTAL OFFICE. Turn key dental office in Cordova area of Pensacola. Consists of 3,385 SF in great condition. Dental equipment is included, valued at $150,000. For sale $799,000. I-4389 LOCATED IN DOWNTOWN MILTON. This 2.13 AC waterfront lot offers a newly renovated 2,290 SF office building. Perfect for professional office, medical practice or small business. For sale $270,000. I-4415 EAST HILL RETAIL. 1,245 SF retail & office site on Cervantes west of Jerry s Drive-In. Four office/treatment rooms, reception & display w/ample parking. Also for lease $1,400/month. For sale $199,000. I-4418 EAST HILL RESTAURANT. This is a rare opportunity to acquire a high exposure corner site with traffic light. For sale $425,000. I-4420 EAST HILL OFFICE FOR SALE/LEASE. Great visibility and access from Cervantes St. Three offices, break room/reception area. Also for lease $1,400/month. For sale $199,000. I-4421 NORTHWEST CORNER SITE. Located on 0.94 acre of zoned C-1 with good access to I-10, Pine Forest Rd. and 9 Mile Rd. For sale $198,260. I-4463 INCOME PRODUCING PROPERTY. Mobile home park with long-term tenants at very favorable cap rate. Acreage to rear is included. For sale $599,000. I-4425 PALAFOX OFFICE BUILDING. Great for contractor/service in Palafox industrial area w/street exposure. Available for lease $1,350/month. For sale $119,000. I-4428 TURN KEY DOWNTOWN PENSACOLA. Property in great condition w/visible, corner location. Available for lease $4,140/month. For sale $575,000. I-4435 MILTON OFFICE/STORAGE. Metal storage building with over an acre of yard fenced. Great for business needing storage space & lay down yard. For sale $219,000. I MILE RD ID-1 ZONING. Corner location with 0.75 acres with 150 on 9 Mile Rd. 8,500 SF existing structure zoned ID-1. For sale $250,000. I-4450 CORDOVA OFFICE BUILDING. Located on 9th Ave. 7,040 SF office w/concrete construction. 2 floors w/additional 3,000 SF basement. For sale $1,120,000. I-4452

4 Commercial Property for Sale SAUFLEY FIELD RD WAREHOUSE. Located ½ mile from Mobile Hwy. High quality steel warehouse. Also available for lease and renovate to suit for lease $2,214/month. For sale $350,000. I TH & CREIGHTON. Corner location at intersection. Former gas station w/all improvements. Possibilities for this location w/high traffic and great visibility. For sale $750,000. I-4455 GULF BREEZE COMMERCIAL. Gas station site on corner of busy Hwy. 98 in Gulf Breeze across the street from new Publix shopping center with 200. For sale $750,000. I-4456 PACE & FAIRFIELD. Former gas station site at corner of Pace Blvd. and Fairfield Dr. with 0.85 acre with great visibility and access. For sale $1,250,000. I-4457 GULF BEACH COMMERCIAL. Great site on Gulf Beach Hwy. that is completely fenced and is ideal for small business shop. For sale $38,900. I-4459 FAIRFIELD & 9TH. Corner outparcel in CVS anchored shopping center w/great visibility at major intersection w/access. Former gas station. For sale $625,000. I ACRES ON CERVANTES. Large commercial site near downtown Pensacola with C-1 zoning currently used as motel. For sale $799,000. I-4380 Deals & Deal Makers JUSTIN BECK, CCIM, DAVID HARRISON and KENT SIMMONS, are attending the ICSC Southeastern Conference during October 5-7, ICSC is the International Council of Shopping Centers, which is the global trade association for the shopping center industry. The principal aims of ICSC are to advance the development of the shopping center industry and to establish the individual shopping center as a major institution in the community through: Promoting the role of shopping centers. Establishing codes of fair business ethics. Studying economic, marketing and promotional conditions affecting the shopping center industry. On August 25, Grand Buffet opened at 4210 Hwy. 90 in Pace at the Winn Dixie shopping center. The restaurant is a 9,000 square foot Chinese restaurant with hibachi tables and sushi bar. This is a first of a kind for the Pace area and has been a big success. Also, on September 18, Marble Slab Creamery opened for business in the Publix shopping center in Gulf Breeze. This is the first Marble Slab in Santa Rosa County. Both tenants were represented by Kent Simmons.

5 Commercial Property for Lease RETAIL CORNER LOCATION. Office/Retail at busy intersection of 9th Ave & Langley. Large showroom with store front windows & private office/break room in back. For lease $2,800/month. O-4493 EMERALD PLAZA OPENING. Located on Gulf Breeze Pkwy next to Papa John s. This 1,500 SF appealing building and quality construction is easily converted. For lease $1,875/month. O-4391 TIGER POINT OFFICE. End cap unit located E of Oriole Beach Rd. Space with 1,600 SF of functional executive office space w/more offices & conference room. For lease $2,200/month. O-4392 EXECUTIVE OFFICE SPACE. Great space in mid-rise office building. Convenient to I-10, behind University Mall. Multiple suites available w/full service lease. For lease $4,690/month. O-4398 FAIRFIELD AT TEXAR CENTER. 2,400 SF available in newly proposed center at the busy intersection close to I-110 ramp. For lease $3,200/month. O-4399 AFFORDABLE OFFICE. 1,166 SF nice office space at I-110 ramp for Fairfield Drive with easy access to all areas. For lease $675/month. O-4400 CORDOVA SQUARE OFFICE. 2,300 SF upstairs office in Cordova Square. Five private offices, conference room, kitchen and reception. For lease $1,725 per month. O-4483 GULF BREEZE MEDICAL OFFICE. Located w/convenience to Gulf Breeze & Navarre. Set-up inside for family medical practice. For lease $1,500/month. O-4411 FLEX SPACE. Located on Pensacola Blvd. just across from Wal-mart in a heavy commercial area. For lease $1,425/month. O-4476 STARTER OFFICE. 1,334 SF open floor plan with manager s office and central located. For lease $725/month. O-4438 PROFESSIONAL OFFICE. Former title company with existing furniture in offices; can be negotiated in deal. For lease $1,500/month. O-4409 NEW BUILDING DOWNTOWN. Marquis De Romana features 3,000 SF built to match architecture. $25/SF in tenant finish allowance. For lease $4,250/month. O-4439

6 Commercial Property for Lease PALMETTO CENTRE AT 9 MILE RD. 1,500 SF quality built center anchored by Tijuana Flats & Papa John s. Adaptable to either office or retail with flexile terms. For lease $1,938/month. O-4441 NORTHEAST OFFICE. Ground floor office with 1,250 SF on Creighton Road close to University Mall & Wal-mart. Multiple suites available. For lease $1,250/month. O-4443 GULF BREEZE PROFESSIONAL OFFICE. Across from new Publix on Hwy ,080 SF office ideal for attorney, CPA or real estate. Rear suite 1,520 SF available. For lease $5,134/month. O-4448 PRESTIGIOUS NORTH HILL OFFICE. Professionally redeveloped office in Historic North Hill within walking distance of downtown s center. For lease $1,795/month. O-4453 BLUE ANGEL CROSSING. Westside opportunity in Winn-Dixie center. 1,750 SF end cap unit at Hwy. 98 W and Blue Angel Pkwy. For lease $2,406/month. O NINE MILE OFFICE SUITES.150 SF full office suite near Nine Mile Rd. and Hwy 29. Lease rate include all utilities and common area janitorial. For lease $350/month. O-4471 Lots & Acreage Locations BAYOU BLVD MEDICAL OFFICE. Class A medical office in Madison Park. Renovated in 2004 with 3 exam rooms and custom built-ins. For lease $2,099/month. O-4479 Lots & Acreage Locations CREIGHTON RD RETAIL. 6,000 SF open office/retail with glass front, good parking and signage. 3,000 showroom/storage. For lease $6,000/month. O Oyster Bay

7 Lots & Acreage for Sale 1 FAIRFIELD COMMERCIAL acres of land zoned ID-2 with 420 of road frontage. Land is ready to be developed with great visibility on Fairfield Drive. For sale $330,000. U BLUE ANGEL COMMERCIAL. Hard to find C-1 commercial on Blue Angel Pkwy. with 2.74 acres & 432 of road frontage. Great buy w/lots of growth in area and high traffic. For sale $199,000. U GULF BREEZE SITE. 15 acres in Midway zoned PBD. All types of commercial/retail development as well as multi-family with a density of 30 units per acre. For sale $2,950,000. U FAIRFIELD AT TEXAR acres zoned ID-2 and has access at lighted intersection of Fairfield and Texar. For sale $330,000. U ACRE ZONED ID-1 PARCEL. Nice commercial lot. 34,500 average daily traffic count of Fairfield Dr. ID-1 zoning allows most commercial uses. For sale $169,000. U GULF BREEZE PKWY /- acres zoned HCD. 0.3 miles west of Zoo. Traffic counts of 34,000 cars daily. High & dry land on 2 paved roads with utilities available. For sale $3,500,000. U INDUSTRIAL SITE VACANT. 3.4 acres of M-1 zoned industrial land located in Milton. Access to US. 90 and I-10. Land vacant & adjacent to other industrial businesses. For sale $252,000. U ANCHOR TENANT SITE. Area of commercial growth just north of US. 90 and south of 5 points intersection. For sale $1,496,250. U ACREAGE IN ELLYSON INDUSTRIAL PARK /- acres adjacent to Buffalo Rock in Ellyson Industrial Park. For sale $365,000. U BLUE ANGEL AT MOBILE HWY. COMMERCIAL. Vacant commercial in growing area of Pensacola. Great spot for retail or small business. For sale $175,000. U PACE SITE /- acre, 166 frontage, just north of US. 90 in Pace. Great site for office, retail or professional business. Adjacent 16+/- acres, for sale. For sale $385,000. U SOUTH BALDWIN COUNTY WATERFRONT. 10+/- acre site in Oyster Bay, AL. Waterfront site minutes from Gulf Shores, Mobile Bay, Dixie Bar & Gulf of Mexico. For sale $6,000,000. U BORROW PIT IN SANTA ROSA COUNTY. 57+/- acres of with 4-5 million yards of product. C&D permit pending on property. Equipment to go with site. For sale $4,950,000. U WOODBINE ROAD SITE. 152 frontage on Woodbine Rd. with 290 frontage on Guernsey Rd. Corner lot. Ready for bank, convenience store or other retail/office business. For sale $385,000. U MUSCOGEE WHARF WATERFRONT LOT. Residential lot in Muscogee Wharf. Amazing views of Pensacola Bay in 3 directions with the convenience of downtown living. For sale $695,000. U WESTSIDE MOBILE HWY COMMERCIAL acre zoned C-2 near intersection of Pine Forest & Mobile Hwy. 175 road frontage on level/easy to work with site. For sale $166,820. U WESTSIDE CORNER LOT. Great location in major growth area and frontage on two main county roads. Meets commercial needs on 1.6 acres. For sale $395,000. U RETAIL DELIGHT. 23+/- acres of prime commercial land on 9 Mile Rd. Zoned C-2 outside storage. Medical, retail, automotive or heavy commercial uses. For sale $4,000,000. U PACE SUBDIVISION DEVELOPMENT. Developer s dream. 39+/- acres ready for development. Partially cleared preliminary plat on file. For sale $950,000. U PRIME C-2 LAND. Located near Davis Hwy. Property zoned C-2 allowing outside storage. 4+/- acres high and dry. For sale $510,000. U MILTON DEVELOPMENT /- acres perfect for retail or professional development. Located near restaurants, retail, professional and post office. For sale $770,000. U RESIDENTIAL TRACT IN MILTON /- acres ready for residential development zoned mixed of R-1 and R-3 density. For sale $1,400,000. U PLATTED SUBDIVISION. 160 unit platted in stages of development. Some roads, curbing and utilities installed. Some retention completed. For sale $2,600,000. U UNIQUE PENSACOLA SITE. Two connecting lots, fronting on two streets in prime area of Pensacola. Total of 0.45 acres may divide. Level, high and dry. For sale $399,000. U GULF BREEZE PKWY SITE. Ideal for a small office/retail business across from new development. 1 acre with 115 road frontage with great visibility and traffic counts 45,000. For sale $289,900. U ACREAGE AVAILABLE acres for sale on W. Detroit Blvd. R-5 zoning (20 units per area). Great location between Hwy 29 and Pine Forest Road. For sale $175,000. U-4370 Log on to for complete property listings.

8 The Shops of East Hill Featuring a unique blend of upscale shops, restaurants, services and amenities, THE SHOPS OF EAST HILL represent a remarkable revitalization of Pensacola's East Hill. This project is designed to incorporate the character, charm and feel of one of Pensacola s favorite communities. Located on 12th Avenue. Drive-thru availability on end-cap unit. Large canopies and sidewalks. Outside seating. High-quality construction and design. 200 Parking spaces. The information contained herein is furnished to us by sources we deem reliable, but no warranty or representation is made as to accuracy thereof. It is subject to correction of errors, omissions, change of price, prior sale or lease or withdrawal from market without notice. Further, no warranty or representation is made in regard to any environmental condition that may or may not exist. The Beck Property Company Commercial Real Estate News is published periodically by Beck Property Company, Inc., 4890 Bayou Blvd., Pensacola, FL Additional copies or permission may be obtained by contacting Gregg Beck, President. This publication is not intended as legal or tax advice, nor as a solicitation for property currently listed with any other real estate broker. Not for resale. Please contact our associates for assistance with all your commercial real estate needs. Gregg Beck, SIOR David Valletto Adrian F. Hammond, Jr. Darby Kenniff, CCIM Don Neal, CCIM/SIOR Gerald McArthur, SIOR Paul Salter Justin Beck, CCIM Kent Simmons David Harrison Liz Adams, Marketing Director Log on to for complete listings Bayou Blvd. Pensacola, FL PRSRT STD U.S. POSTAGE PAID PENSACOLA, FL PERMIT NO. 758

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