4441 Bayou Blvd - Retail FOR SALE


Pensacola, FL 32503- Southeast Pensacola
$3,988,000 USD
770-855-8976
4441 Bayou Blvd, Pensacola, FL for Sale
$3,988,000 USD
Retail - FOR SALE
1/3
null | 5.7% Cap Rate

4441 Bayou Blvd
Pensacola, FL 32503
Southeast Pensacola


HIGHLIGHTS

  • New Construction, 12-Year, Absolute NNN Lease (no landlord responsibilities), with 10.0% rent escalations every 5 years (hedge against inflation)
  • Corporate Guarantee from CRH Healthcare (+100 units throughout Florida, Georgia, & Maryland)
  • Dominant Retail Corridor: Target, Michaels, Publix, Aldi, and the Cordova Mall (Belk, Dillard's, World Market, Best Buy, Burlington, and many others)
  • Four Hospitals within 1.5 miles (+900 beds)
  • Strong Demographics: AHHI is greater than $100k and the 3-mile population exceeds 60k
  • Income Tax Free State

OVERVIEW

Prime opportunity to acquire an absolute NNN, new construction urgent care with a new 12-year base term and 10% escalations every 5 years. The property is in an irreplaceable location on the dominant retail corridor, across the street from Pensacola International Airport (+3 million travelers annually), and within 1.5 miles of four hospitals (+900 total beds).

FOR SALE DETAILS

PRICE

$3,988,000 USD

PRICE/SF

$1,108 USD /SF

CAP RATE

5.7%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Patients First Urgent Care

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,307 SF

ZONING

-

APN/PARCEL ID

33-1S-30-7101-001-004

ASK ABOUT THIS PROPERTY

Collin CambasJohnny Blue Real Estate Services, LLCMore Info
770-855-8976

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Collin CambasJohnny Blue Real Estate Services, LLCMore Info
770-855-8976

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