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411 W Garden St
Pensacola, FL 32502
Office Property For Sale
Investment Highlights
- The property is leased to the Social Security Administration with seven years remaining on the initial ten year lease.
- The property is professionally managed with a high tenant satisfaction rating.
- Renovated in 2020 as part of an 800K tenant improvement, including 11 new HVAC rooftop units.
Property Facts
Property Type
Office
Building Size
18,137 SF
Building Class
B
Year Built/Renovated
2003/2020
Tenancy
Single
Building Height
1 Story
Typical Floor Size
18,137 SF
Building FAR
0.37
Lot Size
1.12 AC
Zoning
C2A
Parking
58 Spaces (3.2 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Air Conditioning
About 411 W GARDEN ST , PENSACOLA, FL 32502
Originally constructed in 2003 and renovated in 2020. GSA/SSA just finalized renovations funded by an amortized tenant improvement allowance of $800K+. A few of the renovation items included: Redesigned floor plan built to SSA requirements; new LVT flooring, demountable modular partition furniture, paint, eleven (11) new HVAC rooftop units, Light fixtures, Doors & locks, CAT 6 wiring. The exterior stucco was resealed in 2018. Full drawings available and new floor plan is attached. Property offers 58+/- parking spaces on-site with additional on-street parking available, and nearby designated parking lots.
Property Taxes
| Parcel Number | 00-0S-00-9070-020-056 | Improvements Assessment | $1,899,956 |
| Land Assessment | $700,517 | Total Assessment | $2,600,473 |
Property Taxes
Parcel Number
00-0S-00-9070-020-056
Land Assessment
$700,517
Improvements Assessment
$1,899,956
Total Assessment
$2,600,473
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