5043 Bayou Blvd, Pensacola, FL 32503
7,436 SF | 100% Leased | Office Building | Pensacola, FL 32503 | $3,299,000 ($444/SF) | 7.05% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,299,000
- Property Type
-
Office
- Square Feet
- 7,436 SF
- Price / Square Foot
- $444
Listing Contacts
Mehdi Moeini
Verified Profile
Wendi Summers Sampson
Verified Profile
- Property Info
Property Overview
Discover an exceptional investment opportunity in the heart of Pensacola's premier corridor! This fully leased commercial property is a testament to quality and stability, featuring long-term, creditworthy tenants—some of whom have been in place for over 15 years—with leases ranging from 5 to 10 years. Over the past 18 months, the property has undergone over $1,000,000 in capital improvements, ensuring it remains a top-tier investment. Enhancements include a brand-new lighted pylon sign, a new roof, new gutters, upgraded exterior lighting and comprehensive landscaping updates, such as a retaining wall, sod, French drains, shrubs, and mulch.
This property is not only a solid investment but also a cornerstone in one of Pensacola's most sought-after areas. Please note that there is a billboard on the premises, which is not included in the current sales price but is available for purchase separately. Don’t miss this chance to secure a thriving, low-maintenance investment in a prime location!
Location Description
Located on Primary Travel Corridor in Pensacola, FL directly across the street from Starbucks and Chick-fil-A. The center is surrounded by strong national retailers like Publix, Winn Dixie, Michael's, Office Depot, ABC Fine Wine and Spirits, McDonald’s, Olive Garden, Panera Bread and more!
Site Description
This fabulous commercial property is situated on a well-traveled thoroughfare in the heart of the Cordova business district.
The property has 2 single-story buildings. The available space for lease can be used for a variety of purposes such as office, retail, or medical space. The site is located near other commercial developments, including retail centers, restaurants, and businesses. It is easily accessible with 2 entrances and exits.
This property is not only a solid investment but also a cornerstone in one of Pensacola's most sought-after areas. Please note that there is a billboard on the premises, which is not included in the current sales price but is available for purchase separately. Don’t miss this chance to secure a thriving, low-maintenance investment in a prime location!
Location Description
Located on Primary Travel Corridor in Pensacola, FL directly across the street from Starbucks and Chick-fil-A. The center is surrounded by strong national retailers like Publix, Winn Dixie, Michael's, Office Depot, ABC Fine Wine and Spirits, McDonald’s, Olive Garden, Panera Bread and more!
Site Description
This fabulous commercial property is situated on a well-traveled thoroughfare in the heart of the Cordova business district.
The property has 2 single-story buildings. The available space for lease can be used for a variety of purposes such as office, retail, or medical space. The site is located near other commercial developments, including retail centers, restaurants, and businesses. It is easily accessible with 2 entrances and exits.
Property Details
- Class
- A
- Year Built/Renovated
- 1980/2024
- Stories
- 1
- Property Subtype
- Medical, Storefront Retail/Office
- Lot Size (sq. ft)
- 40,511 SF
Highlights
- 100% Leased 7,436 sq. ft building for sale.
- Long-term Credited Tenants with 5 to 10 years leases.
- Located near the busy Bayou Blvd across from Starbucks, Chic fila, Cordova Mall, Sacred Heart Hospital, Publix and more.
- Strong traffic counts in a densely populated area.
- Excellent Daytime Employment numbers
- Easy ingress/egress
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].