2415 N Pace Blvd

Shopping Center for Sale
Catylist Listing ID: 29885520
Property Subtypes: Mixed Use, Neighborhood Center, Strip Center
Building Size (RSF): 12,648 SF
Gross Land Area: 0.66 Acres
Sale Price: $525,000
Unit Price: $41.51 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/27/2017

Overview / Comments

Quality office complex/retail center. Offers warehouse space for flexible use. Built in 2005, high parking ratios, high traffic count, and great visibility. Great investment property. Two of the spaces are currently leased by The Print Center and Billy Clark Bail Bonds. Property is managed locally by Carr & Company and can bring a net income of $47,000.00 per year.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 172S305010000001
Zoning: C-2
Retail Clientele: General, Business, Other
Property Located Between: St Catherine Ave and Yonge St
Property Visibility: Excellent
Largest Nearby Street: Pace Blvd.
Feet of Frontage: 209
Highway Access: Directly on Pace Blvd.
Airports: Pensacola International
Site Description: Mixed use retail/office building
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2005
Roof Type: Other
Construction/Siding: Metal Siding
Exterior Description: Brick faced metal building
Parking Type: Surface
Parking Description: Building owned lot. Shared by units
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: multiple unit space.
Zoning Description: C-2
Lot Frontage: 209
Water Service: Municipal
Sewer Type: Municipal
Legal Description: BEG AT NW COR OF LOT 3 BLK "T" 2ND ADD PINECREST S/D PB2 P 34 ELY 143 FT TO R/W OF PACE BLVD ("O" ST 80 R/W) SLY DEFLECT 90 DEG ALG R/W 208 63/100 FT TO S LI OF N 1/2 OF SEC WLY DEFLECT 89 DEG 22 MIN ALG SAID S LI 143 01/100 FT TO SW COR OF LOT 3 BLK T NLY DEFLECT 90 DEG 38 MIN ALG W LI OF LOT 3 210 23/100 FT TO POB ALSO THE E 42 FT OF LOT 5 BLK "T" 2ND ADD TO PINECREST S/D PB2 P 34 OR 7242 P 1226

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,639 79,976 160,682
Median Age: 38.52 36.7 38.4
Households: 4,419 30,572 65,287
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