FOR SALE: High Profile Multi-Tenant Investment
Office
for Sale
| Catylist Listing ID: |
30861845 |
| Property Subtypes: |
Business Park, Executive Suites, Coworking, Medical, Flex Space, Office Building
|
| Building Size (RSF): |
8,050 SF
|
| Gross Land Area: |
0.69 Acres
|
| Sale Price: |
$1,676,000 |
| Unit Price: |
$208.20 PSF |
| Property Use Type: |
Investment |
| Class of Space: |
Class A |
| Usable Size (USF): |
8,050 SF |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
8.0% |
| Last Updated: |
4/25/2024 |
Overview / Comments
********** HIGH PROFILE MULTI-TENANT INVESTMENT ***********
Fully-leased 4 tenant investment property located directly on Bayou Blvd in the center of Cordova Mall trade area. Anchored by Mass Mutual with a long history of occupancy.
8 Cap Investment based on estimated NOI of $134,087.32 per year.
********** Call agent for lease details and arrange showing **********
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Tax ID/APN: |
331S307101008001 |
| Year Built: |
1981 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,411 |
74,445 |
145,576 |
| Median Age: |
40.04 |
39.27 |
38.04 |
| Households: |
2,802 |
30,502 |
59,832 |
|
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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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