Net Leased Investment - Escambia County Tax Collector
Office
for Sale
| Catylist Listing ID: |
30703772 |
| Property Subtypes: |
Business Park, Executive Suites, Governmental, Net Leased, Office Building, Other
|
| Building Size (RSF): |
14,014 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2.54 Acres
|
| Sale Price: |
$2,200,000 |
| Unit Price: |
$156.99 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Building Name: |
Janet Holley |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/25/2024 |
Overview / Comments
The Escambia County Tax Collector building is 14,014 square feet in size. The current tenant has a lease expiration of December 31, 2024. This lease is an Absolute Net lease. This short term lease provides substantial income during design renovations/improvements or complete overhaul that changes the buildings purpose. Financials available with a executed Confidentiality Agreement.
This site was developed to accommodate the needs of heavy traffic flow from Escambia county residents. From driver license services, walk-ins, tag/title services and property tax receipts, this building handles the high demand of its customers. This site has a 4 lane drive through with an after hours drop box located in the drive through. There is ingress/egress off W Street and Marcus Pointe Blvd. In addition, the side entrance off of Marcus Pointe Blvd. brings you to a lighted intersection. Paved parking for 130 vehicles. The entire building has a back up generator.
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Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Tax ID/APN: |
391S301110000000 |
| Zoning: |
HC/LI - HEAVY COMMERCIAL LIGHT INDUSTRIAL |
| Year Built: |
2003 |
| Year Renovated: |
2013 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,693 |
71,491 |
174,098 |
| Median Age: |
38.47 |
36.27 |
38.01 |
| Households: |
1,509 |
26,698 |
70,174 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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