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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!

Data Room Click Here to Access

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
98%
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

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 140
  • 456 SF
  • Office
  • -
  • Now

Waterfront facing office

  • 6th Fl-Ste 620
  • 620 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Build-Out Available
1st Fl-Ste 140 456 SF Office - Now
6th Fl-Ste 620 620 SF Office Full Build-Out Now

1st Fl-Ste 140

Size
456 SF
Space Use
Office
Build-Out
-
Available
Now

6th Fl-Ste 620

Size
620 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 140

Size 456 SF
Space Use Office
Build-Out -
Available Now

Waterfront facing office

6th Fl-Ste 620

Size 620 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
00-0S-00-9100-002-034
Land Assessment
$717,624
Improvements Assessment
$9,450,319
Total Assessment
$10,167,943
  • Listing ID: 27214821

  • Date on Market: 11/30/2022

  • Last Updated:

  • Address: 25 W Cedar St, Pensacola, FL 32502

Contact the Sale Advisor

Harbourview on the Bay | 25 W Cedar St

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