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Harbourview on the Bay 25 W Cedar St

69,213 SF 88% Leased 4-Star Office Building Pensacola, FL 32502 $20,220,900 CAD ($292 CAD/SF) 7.64% Cap Rate

Office Space Florida Pensacola 25 W Cedar St, Pensacola, FL 32502

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

  • Offering Memorandum

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
69,213 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1986/2022
Price
$20,220,900 CAD
Price Per SF
$292 CAD
Cap Rate
7.64%
NOI
$1,545,855 CAD
Percent Leased
88%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
11,536 SF
Slab To Slab
11’
Building FAR
3.45
Lot Size
0.46 AC
Zoning
WRD
Parking
300 Spaces (4.33 Spaces per 1,000 SF Leased)

AMENITIES

  • Controlled Access
  • Partitioned Offices
  • Recessed Lighting
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 140
  • 474 SF
  • Office
  • -
  • Apr 2025
  • 1st Fl-Ste Mezzanine
  • 8,266 SF
  • Office
  • -
  • Now
  • 6th Floor
  • 620 SF
  • Office
  • -
  • Apr 2025

$2,975 per month flat (Modified Gross)

Space Size Space Use Condition Available
1st Fl-Ste 140 474 SF Office - Apr 2025
1st Fl-Ste Mezzanine 8,266 SF Office - Now
6th Floor 620 SF Office - Apr 2025

1st Fl-Ste 140

Size
474 SF
Space Use
Office
Condition
-
Available
Apr 2025

1st Fl-Ste Mezzanine

Size
8,266 SF
Space Use
Office
Condition
-
Available
Now

6th Floor

Size
620 SF
Space Use
Office
Condition
-
Available
Apr 2025

6th Floor

Size 620 SF
Space Use Office
Condition -
Available Apr 2025

$2,975 per month flat (Modified Gross)

LINKS

1 of 1

PROPERTY TAXES

Parcel Number 00-0S-00-9100-002-034 Improvements Assessment $13,161,130 CAD
Land Assessment $1,038,043 CAD Total Assessment $14,199,173 CAD

PROPERTY TAXES

Parcel Number
00-0S-00-9100-002-034
Land Assessment
$1,038,043 CAD
Improvements Assessment
$13,161,130 CAD
Total Assessment
$14,199,173 CAD
(850) 977-6991

CONTACT

  • Listing ID: 27214821

  • Date on Market: 2022-11-30

  • Last Updated:

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

The Downtown Pensacola Office Property at 25 W Cedar St, Pensacola, FL 32502 is currently available. Contact Bellcore Commercial, LLC for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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Harbourview on the Bay | 25 W Cedar St
(850) 977-6991 x

Harbourview on the Bay | 25 W Cedar St

Harry Bell

(850) 977-6991

(850) 977-6991

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