$33 million sale recorded for Pensacola department store

Published Mar 31, 2026

A 130,854-square-foot general merchandise department store has changed hands.

The commercial property at 7171 North Davis Highway in Pensacola was sold on Feb. 25 for $33 million, or $252 per square foot. Built in 1975 and renewed in 1985, the three-story building stands on a 7.5-acre lot.

The property was obtained by RCG Pensacola VIII LLC.

This department store is part of the Cherry Creek subdivision.