NNN Leased Office Investment Property
Office
for Sale
| Catylist Listing ID: |
30794584 |
| Property Subtypes: |
Flex Space, Net Leased, Office Building
|
| Building Size (RSF): |
6,500 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.72 Acres
|
| Sale Price: |
$1,195,000 |
| Unit Price: |
$183.85 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Building Name: |
PSI |
| Class of Space: |
Class B |
| Usable Size (USF): |
6,500 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
5.2% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
3/21/2023 |
Overview / Comments
Prime NNN Investment opportunity in the heart of downtown Pensacola, FL. The +/-6,500 sq ft professional office space is located off of A St (1,700 AADT) and W Intendencia St. The building is situated on +/-.72 acres and is zoned C-3. The property has signage, easy access, and ample parking. Located just blocks away from the Pensacola Bay waterfront, the property is surrounded by numerous businesses, national retailers, restaurants, and the Pensacola airport. Local schools, parks, churches, marinas, and yacht clubs are also in close proximity to the site. Several national retailers nearby include Publix, Walgreens, Dollar General, Regions, Shell, Pep Boys, and many more.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
City Of Pensacola |
| Tax ID/APN: |
000S009080030089 |
| Zoning: |
C-3 |
| Property Located Between: |
W. Intendencia St. & A St. |
| Property Visibility: |
Good |
| Area Description: |
Pensacola is located on Florida’s Gulf Coast near the Florida/Alabama state line. The Pensacola market has experienced explosive growth in recent years due to the high population growth and strong median income. The booming economy and tourism has fueled the housing and retail demand in Pensacola over recent years. The government has a substantial presence in the metro, with more than 23,000 military and civilian personnel employed at NAS Pensacola, located just miles from the site. The property is in close proximity to the core retail trade area, the airport, hospital, University of West Florida, NAS Pensacola, Whiting Field Naval Base, and the beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
2004 |
| Construction/Siding: |
Brick/Aluminum Siding, Metal Siding |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Other |
| Internet Access: |
Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Utilities |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,061 |
56,721 |
130,343 |
| Median Age: |
42.13 |
39.07 |
37.68 |
| Households: |
2,382 |
23,633 |
49,945 |
|
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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.
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