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25 W Cedar St
Pensacola, FL 32502
Harbourview on the Bay · Office Property For Sale
Investment Highlights
- 300 Space Covered Parking Structure
- Partitioned Offices
- Increase Parking Revenue: leasing for weekend events downtown
- Excellent Downtown Location
- Controlled Access
Executive Summary
Prime Investment triple net opportunity in Pensacola!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
70,965 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1986
Price
$14,000,000
Price Per SF
$197.28
Cap Rate
8.31%
NOI
$1,163,743
Percent Leased
99%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
11,499 SF
Slab To Slab
11’
Building FAR
3.54
Lot Size
0.46 AC
Zoning
WRD
Parking
300 Spaces (4.23 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Partitioned Offices
- Recessed Lighting
- Air Conditioning
Property Taxes
| Parcel Number | 00-0S-00-9100-002-034 | Improvements Assessment | $9,450,319 |
| Land Assessment | $717,624 | Total Assessment | $10,167,943 |
Property Taxes
Parcel Number
00-0S-00-9100-002-034
Land Assessment
$717,624
Improvements Assessment
$9,450,319
Total Assessment
$10,167,943
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