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: 1/19/2022

Overview / Comments

The Escambia County Tax Collector building is 14,014 square feet in size. The current tenant has a lease expiration of January 1, 2025. 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.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 391S301110000000
Year Built: 2003
Year Renovated: 2013

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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


Photograph of Listing Agent

Rodney Sutton

SNS Realty, Inc. Gulf Coast CMLS Member
Photograph of Listing Agent

Chris Bouchard

SNS Realty, Inc. Gulf Coast CMLS Member
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