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: 2/18/2021

Overview / Comments

The Escambia County Tax Collector building is 14,014 square feet in size. There are 13 months remaining on the current 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
Zoning: HC/LI - HEAVY COMMERCIAL LIGHT INDUSTRIAL
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

Contact

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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