Catylist ID:
#30869159
Single Tenant Medical Office Investment Sale
Office
for Sale
| Catylist Listing ID: | 30869159 |
| Property Subtypes: | Medical, Other |
| Building Size (RSF): | 2,912 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $725,000 |
| Unit Price: | $248.97 PSF |
| Property Use Type: | Investment |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/25/2024 |
Overview / Comments
|
Stirling Properties proudly presents 9050 University Parkway, a 2,912 SF Single Tenant Medical Office investment, located in Pensacola, FL. This opportunity offers investors the opportunity to acquire a single tenant medical property backed by Ascend Vision Partners. The Pensacola MSA has experienced dynamic growth in recent years and medical office vacancy rates are at all time lows. Unemployment sits at about 3.3% (Dec '23 - St. Louis FRED), well below the 10 year average for the area. Adjacent lot (.3 AC) fronting University Parkway is also available for sale separately. 7.59% Cap Rate Attractive 5% annual increases Credit Tenant in Place $55K - NOI |
Attachments & Media
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Tax ID/APN: | 141S303301002002 |
| Zoning: | HDMU |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,838 | 58,072 | 121,607 |
| Median Age: | 36.08 | 36.82 | 38.44 |
| Households: | 3,399 | 24,844 | 49,126 |
Contact
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