Langley Professional Office Investment Sale
Office
for Sale
| Catylist Listing ID: |
30876021 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
3,200 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$720,000 |
| Unit Price: |
$225 PSF |
| Property Use Type: |
Investment |
| Building Name: |
Langley Professional Office |
| Class of Space: |
Class B |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
6.5% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
10/9/2024 |
Overview / Comments
|
3000 Langley - Building 300 is a 2 story, 3,200 square foot office which features a brand new 5-year lease with a tenant who has been growing since 2015, being offered at 6.5% cap rate. The building has a great history of occupancy and is in excellent condition. Quality office space of this size in the submarket is very limited. The interior was fully renovated in 2021, providing a modern and attractive environment for tenants. Plenty of parking for both employees and clients with 42 spaces available within the association. Signage available as well. The roof was replaced in 2020, a huge insurance benefit. Both HVAC systems were replaced in 2022 and 2019, reducing the need for costly upgrades. OM available upon request.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Tax ID/APN: |
101S296002000008 |
| Zoning: |
HDMU |
| Property Visibility: |
Excellent |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,471 |
54,861 |
126,830 |
| Median Age: |
43.15 |
39.41 |
38.14 |
| Households: |
3,313 |
23,165 |
51,829 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
|
