Catylist ID:
#30859655
| Catylist Listing ID: | 30859655 |
| Property Subtypes: | Governmental, Net Leased, Office Building, Other |
| Building Size (RSF): | 7,492 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.55 Acres |
| Sale Price: | $1,550,000 |
| Unit Price: | $206.89 PSF |
| Property Use Type: | Investment |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 12/5/2023 |
Overview / Comments
|
Fully leased single tenant professional office building comprised of 7,492 Square Feet in the booming downtown Pensacola. Perfect for a 1031 exchange. It has Four (4) separate entrances to provide different access for clients, visitors, and employees. Front reception area with small lobby and adjoining restroom. 20 private offices with an additional large conference/private workspace. Large work area with natural light and high ceilings. Four (4) restrooms; including one with a private shower and a large centrally located lounge/break area. Built in 1998, the property sits on 0.55 acres with 28 parking spaces. The tenant has just signed the first 5-YEAR option extension. Tenant: Children’s Home Society • Current Lease Term: 2/1/21 – 1/31/24 • Exercised Renewal Term: 2/1/24 – 1/31/29 Email agent to request Lease agreement and Financials. |
Attachments & Media
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Taxing Authority: | Escambia county |
| Tax ID/APN: | 000S009070352056 |
| Zoning: | C-2 |
| Property Visibility: | Good |
| Parking Description: | On-SIte |
| Total Parking Spaces: | 28 |
| Heat Type: | Electricity |
| Heat Source: | Central |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,807 | 54,035 | 127,992 |
| Median Age: | 40.91 | 39.27 | 37.64 |
| Households: | 4,142 | 22,697 | 48,872 |
Contact
| © Copyright 2001-2023 Moody's. All Rights Reserved. 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. |
