1301 N 9th Ave | Pensacola, FL 32503
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- LoopNet Team
1301 N 9th Ave
Pensacola, FL 32503
FLORIDA DEPARTMENT OF CHILDREN & FAMILIES · Retail Property For Sale
Investment Highlights
- $4.1 Million in Tenant-Funded Capital Improvements: The tenant has invested significantly in the property, including a new roof.
- Exceptional Credit Quality: The State of Florida, serving as tenant, holds an S&P AAA credit rating, offering institutional- grade credit stability.
- New 10-Year Lease For DJJ: The Department of Juvenile Justice recently signed a 10-year lease that will commence when the tenant improvements.
- Positive Fiscal Outlook: Both tenants anticipate increased allocations in the FY 2025–2026 budget cycle, supporting ongoing operational stability.
Property Facts
Property Type
Retail
Building Size
26,032 SF
Building Class
C
Year Built
1964
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.36
Lot Size
1.67 AC
Zoning
C1 - Commercial
Parking
130 Spaces (4.99 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 00-0S-00-9025-001-152 | Improvements Assessment | $1,978,633 |
| Land Assessment | $666,238 | Total Assessment | $2,644,871 |
Property Taxes
Parcel Number
00-0S-00-9025-001-152
Land Assessment
$666,238
Improvements Assessment
$1,978,633
Total Assessment
$2,644,871
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