810 N Pace Blvd
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810 N Pace Blvd
5,540 SF Retail Building Pensacola, FL 32505 $825,000 ($149/SF) 7.20% Cap Rate
Investment Highlights
- New Roof - 12/2024
Executive Summary
Two years left on existing lease (exp 12-31-26). One five year option with 7.4% rent increase.
New roof installed 12-2024.
Owned since 2002
Excellent tenant
New roof installed 12-2024.
Owned since 2002
Excellent tenant
Property Facts
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,540 SF
Building Class
B
Year Built
1999
Price
$825,000
Price Per SF
$149
Cap Rate
7.20%
NOI
$59,400
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.22
Lot Size
0.59 AC
Opportunity Zone
Yes
Zoning
C3
Parking
33 Spaces (5.96 Spaces per 1,000 SF Leased)
Frontage
150 FT on Pace Blvd
Amenities
- Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 00-0S-00-9060-061-135 | Improvements Assessment | $266,324 |
Land Assessment | $78,980 | Total Assessment | $345,304 |
PROPERTY TAXES
Parcel Number
00-0S-00-9060-061-135
Land Assessment
$78,980
Improvements Assessment
$266,324
Total Assessment
$345,304
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810 North Pace Blvd
810 N Pace Blvd
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