Jacqueline Harris Preparatory Academy

Special Purpose for Sale
Catylist Listing ID: 30860174
Property Subtypes: School/University
Building Size (RSF): 45,586 SF
Gross Building Area: See Agent
Gross Land Area: 5.38 Acres
Sale Price: $5,750,000
Ceiling: 14 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/28/2024

Overview / Comments

This 45,586 square foot building is located on a prime 5.38-acre site on Pensacola Boulevard, less than a mile north of I-10 and just over a mile south on Nine Mile Road. The property was built in 1991 as office space for the Department of Children & Families but was fully renovated into a charter school in 2012. Jacqueine Harris Preparatory Academy has been operating its not-for-profit charter school in the area since 2003 and more details can be found at www.jhpacademy.org. JHPA is pursuing a sale-leaseback of the property. The execution of a 10-year lease with a buyer while keeping rent as low as possible over that term is the goal.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 221S301101005001
Zoning: HC/LI
Property Located Between: Carolina Drive & Jones Street
Property Visibility: Excellent
Largest Nearby Street: Pensacola Blvd.
Feet of Frontage: 360
Traffic/Vehicle Count: 44,500
Highway Access: yes
Airports: Pensacola International Airport
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1991
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Stucco
Parking Type: Surface
Parking Description: approximately 200 parking spaces
Internet Access: Cable
Zoning Description: Heavy Construction/Light Industrial
Lot Frontage: 360
Lot Depth: 600
Water Service: Municipal
Sewer Type: Municipal
Easements Description: 36' ingress to rear of property
Legal Description: BEG AT INTER OF N R/W OF CAROLINA ST (66 FT R/W) & E R/W OF US HWY 29 (SR #29 200 FT R/W) N 89 DEG 31 MIN 17 SEC E 250 FT N 21 DEG 15 MIN 36 SEC W 188 08/100 FT N 20 DEG 36 MIN 0 SEC W 100 02/100 FT N 20 DEG 05 MIN 10 SEC W 100 01/100 FT N 19 DEG 34 MIN 21 SEC W 86 FT FOR POB N 89 DEG 27 MIN 57 SEC E 350 48/100 FT N 0 DEG 40 MIN 29 SEC W 455 81/100 FT TO S R/W OF JONES ST (50 FT R/W) S 89 DEG 19 MIN 31 SEC W 33 95/100 FT S 08 DEG 56 MIN 39 SEC E 1 13/100 FT S 89 DEG 27 MIN 57 SEC W 460 04/100 FT S 17 DEG 11 MIN 39 SEC E 99 98/100 FT S 89 DEG 27 MIN 57 SEC W 249 94/100 FT TO E LI OF US HWY 29 SD PT BEING ARC OF CIRCULAR CURVE CONCAVE TO E RADIUS 11391 20/100 FT DELTA ANG 1 DEG 0 MIN 21 SEC SELY ALG ARC OF SD CURVE & R/W ARC DIST 200 FT (CHORD 200 FT CHORD BEARING S 17 DEG 59 MIN 01 SEC E) N 89 DEG 27 MIN 57 SEC E 314 15/100 FT S 0 DEG 32 MIN 03 SEC E 124 68/100 FT S 89 DEG 27 MIN 57 SEC W 272 97/100 FT TO E R/W LI & CURVE SELY ALG ARC OF CURVE & R/W ARC DIST 31 67/100 FT (CHORD 31 67/100 FT CHORD BEARING S 19 DEG 13 MIN 37 SEC E DELTA 0 DEG 09 MIN 33 SEC) N 89 DEG 27 MIN 57 SEC E 249 87/100 FT S 19 DEG 34 MIN 21 SEC E 14 FT TO POB OR 7646 P 1461

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,109 59,542 136,265
Median Age: 39.63 37.81 37.88
Households: 2,812 23,136 53,342

Contact

Photograph of Listing Agent

Fred Gunther

Gunther Properties LLC Gulf Coast CMLS Member
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