Medical Office - Near West Florida Hospital

Office for Sale
Catylist Listing ID: 30771178
Property Subtypes: Medical
Building Size (RSF): 2,557 SF
Gross Land Area: 0.41 Acres
Sale Price: $530,000
Unit Price: $207.27 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/28/2021

Overview / Comments

This well-maintained medical office building is strategically positioned in Northeast Pensacola on University Parkway near West Florida Hospital. Originally built as a hyperbaric chamber facility, it has been been redesigned for medical or general office use.

The building is 2,557 square feet and includes 15 parking spaces, which exceeds the code requirement for medical office in Escambia County. There is also a private, outside patio area which can be used for meetings or an employee eating area.

There is a median cut with a turn lane directly in front of the property for cars traveling south on University Parkway. There are two points of ingress/egress for cars traveling north. Cross easement is shared with the dental practice next door. Traffic count for University Parkway exceeds 23,000 cars daily.

Please do not contact or disturb the current tenant. Showings must be scheduled through the listing agent directly and need to be coordinated around the tenant's patient schedule. Showings may need to be after business hours.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 141S306206003001
Zoning: COM
Property Located Between: Davis Highway and 9 Mile Road
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1997
Roof Type: Hip
Total Parking Spaces: 15

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,687 59,868 130,101
Median Age: 34.56 37.09 38.4
Households: 3,732 25,644 52,351

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