1151 Office Woods Dr - Freestanding FOR SALE


Pensacola, FL 32504- Ferry Pass
$2,240,000 USD
850-529-7499
1151 Office Woods Dr, Pensacola, FL for Sale
$2,240,000 USD
Freestanding - FOR SALE
1/22
null | 7% Cap Rate

1151 Office Woods Dr
Pensacola, FL 32504
Ferry Pass


HIGHLIGHTS

  • 9,017 SF Retail Center
  • 100% Leased, NNN Leases
  • Below Market Rents
  • Strong Retail submarket

OVERVIEW

Presenting an exceptional retail investment opportunity in the vibrant Pensacola area, this prime Retail Center encompasses a 9,017 SF building with 5 units, offering a stable income with upside due to current under-market rents. Built in 2008 and zoned Commercial (C-2), the property guarantees a strong foundation for diverse retail ventures. With a 100% occupancy rate, and NNN leases, investors can enjoy immediate returns on their investment. The property's strategic location in Pensacola, combined with its impressive features, positions it as a lucrative option for investors seeking a high-performing asset in a thriving market.

FOR SALE DETAILS

PRICE

$2,240,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

First City Shops

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

C-2

APN/PARCEL ID

33-1S-30-7120-001-004

ASK ABOUT THIS PROPERTY

Justin BeckStirlingMore Info
850-529-7499

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Justin BeckStirlingMore Info
850-529-7499

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.