The Tristan_Property for Sale
The Tristan_Property for Sale

The Tristan

1559 West 9 Mile Road, Pensacola, FL, 32534, US

Description

Jones Lang LaSalle Americas, Inc. is pleased to present The Tristan, a thoughtfully-designed and curated asset designed around the history of Pensacola and Spanish Explorer, Tristan de Luna. Built in 2023, this 242-unit best-in-class community is located along Pensacola, Florida’s West Nine Mile Road, Northwest Florida’s most desirable submarket. The property offers Southern, modern elegance with units ranging from 505 to 1,468 square feet. The property’s convenient proximity to major employers and retail hubs, along with its market-leading amenity set, make it a coveted address for discerning renters.

Apartments offer quartz countertops in kitchens and bathrooms, vinyl plank flooring throughout the entire unit, chef-inspired kitchens, stainless-steel appliances, painted accent walls, ceiling fans, spacious walk-in closets and in-unit laundry. Community amenities set the bar in the submarket and include a resort-style pool with cabana and wet-bar with beer on tap, EV car-charging stations, a business center with conference rooms, workstations and podcast rooms and a state-of-the-art fitness center and pet spa.


The Tristan’s strategic location in North Pensacola, along the West Nine Mile Corridor, offers excellent proximity to some of the area’s major employers. Navy Federal Credit Union’s national headquarters is a mere 8-minute drive from The Tristan, while Pensacola’s three largest hospitals, Baptist, Ascension Sacred Heart and HCA and the University of West Florida are all within a 15-20-minute drive. Downtown Pensacola, home to restaurants, nightlife and picturesque waterside parks, is also within 20 minutes of The Tristan.

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Attributes

Number of units
242
Occupancy
94%
Year built
2023

Media

Investment Highlights

Best-in Class Product

The Tristan's distinctive interior and exterior finishes and amenities deliver modern, Southern elegance that differentiates it from other recently-completed multifamily communities in Pensacola and appeals to discerning renters.


Rent Increases on Both Renewals and New Lease Trade Outs

While most Class-A properties across the Sunbelt have struggled with increased supply, The Tristan's quality and strong location have driven robust demand for move-ins and renewals, with retention approaching 70% and rents increasing 3.30% from $1,753 in November 2024 to $1,811 in January 2026, breaking the nationwide trend of deteriorating rents during lease-up.


Excellent Proximity to Job Centers

  1. Navy Federal Credit Union (8 minutes from The Tristan)
  2. Naval Air Station Pensacola (30 minutes from The Tristan)
  3. HCA Florida West Hospital (15 minutes from The Tristan)
  4. Baptist Hospital (16 minutes from The Tristan)
  5. Ascension Sacred Heart Pensacola (18 minutes from The Tristan)
  6. Downtown Pensacola (20 minutes from The Tristan)
  7. University of West Florida (15 minutes from The Tristan)
  8. Pensacola Christian College (15 minutes from The Tristan)
  9. Pensacola State College (20 minutes from The Tristan)
  10. Port of Pensacola (20 minutes from The Tristan) and Project Maeve, a new facility bringing an additional 2,000 jobs to the city
The Tristan 4_Property for Sale
The Tristan 4_Property for Sale

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Last updated
5 Feb 2026