For Sale
$725,000

9050 University Pkwy Pensacola, FL 32514

High-yield medical office building in Pensacola, FL.

Source: https://www.saltercompany.com

Overview

Added:
Feb 4
Days on market:
80
This exceptional investment opportunity presents a 2,912 square foot single-tenant medical office building located at 9050 University Parkway, Pensacola, Florida, 32514, in Escambia County. The property boasts a strong 7.59% capitalization rate and a stable net operating income (NOI) of $55,000, further enhanced by attractive 5% annual rent increases. The building is fully occupied by a credit tenant, Ascend Vision Partners, providing investors with immediate cash flow and long-term stability. The Pensacola MSA demonstrates robust growth, with medical office vacancy rates at historic lows and unemployment significantly below the ten-year average (3.3% as of December 2023, per St. Louis FRED). This investment is further enhanced by the availability of an adjacent 0.3-acre lot, separately available for purchase, offering potential for future expansion or development. The property sits on a 0.46-acre lot. This presents a compelling opportunity for investors seeking a high-yield, low-risk investment in a thriving medical market.

Highlights

  • Prime Pensacola, FL location on University Parkway.
  • 2,912 square foot single-tenant medical office building.
  • 7.59% cap rate with attractive 5% annual rent increases.

Property Details for 9050 University Pkwy

Property type
Office properties, Medical offices
Square Feet
2,912 SF
Price / Square Foot
$248.97
Class
C
Year Built
1996
Buildings
1
Stories
1
Total Parking Spaces
25
Elevators
N/A
Lot Size (sq. ft)
20,038 SF
Net Operating Income
$55,000

Location Insight

City
Pensacola
County
Escambia
State
Florida

FAQs

What type of property is this?
Office property - High-yield medical office building in Pensacola, FL.
Where is the office property located?
The property is located at 9050 University Pkwy Pensacola, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Prime Pensacola, FL location on University Parkway.; 2,912 square foot single-tenant medical office building.; 7.59% cap rate with attractive 5% annual rent increases.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
9050 University Pkwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message