MADISON PARK OFFICE UNITS FOR SALE / INVESTMENT...MADISON PARK OFFICE UNITS FOR SALE / INVESTMENT...

Sales Associate850.477.7044 x164C [email protected]

Rick Locchead, LEED BD+C

This information has been secured by Beck Partners CRE, LLC.from sources believed to be reliable. It is not guaranteed, however,and should be verified prior to consummating any transaction.

MADISON PARK OFFICE UNITS FOR SALE / INVESTMENT4300 Bayou Blvd, Unit 12-13, Pensacola, FL 32504

OFFICE PROPERTY FOR SALE

[email protected] x164


This information has been secured by Beck Partners CRE. LLC. from sources believed to be reliable. It is not guaranteed, however, and should be verified prior to consummating any transaction.

OFFERING SUMMARY

Sale Price: $488,000

NOI: $41,287

Lot Size: 0.06 Acres

Year Built: 1983

Building Size: 5,400 SF

Renovated: 2017

Zoning: SSD

Market: Pensacola

Submarket: Ferry Pass/N Pensacola

Price / SF: $90.37

PROPERTY OVERVIEW

Beautiful 2-story, multi-tenant, office building FOR SALE, renovated in 2017! Thisis the nicest property available in the centrally located Madison Park office park.The building consists of two separate tenant spaces; Unit 12 @ 1,230 SF iscurrently leased to a strong tenant in the middle of a 3 year lease with options; Unit13 @ 4,170 SF was most recently occupied by a CPA and a law firm before that.

Property info: Full interior renovation in 2017; Roof replaced in 2005; Utilities split,pro-rata, between tenants; AC units new in 2017 & 2011; & many high end finishes.

Madison Park is located on the corner of Bayou Blvd and North 12th Ave which isadjacent Cordova Mall, the main Retail HUB in the Pensacola Market. The propertyis also less than a mile from Pensacola International Airport to the north & theSacred Heart Hospital campus to the west.

PROPERTY HIGHLIGHTS

• Great Central location with quick access anywhere in town!

• Priced to sell quickly.

• Income from existing lease for 23% of property.

• Plenty of Parking.

• Owner Association Dues cover all Site Maintenance!

4300 Bayou Blvd, Unit 12-13, Pensacola, FL 32504

Madison Park Office Units For Sale / Investment





Unit 13 - 1st Floor - Lobby

Unit 13 - 1st Floor - Conference Room







Unit 13 - Office 109 - Spiral Stair Unit 13 - Office 108

Unit 13 - Break Room - Image 1 Unit 13 - Break Room - Image 2







Unit 12 - 1st Floor - Lobby Shared - 1st Floor - Restroom

Unit 13 - 2nd Floor - Lobby Unit 13 - 2nd FL Copy Area







Unit 13 - Office 203 Unit 13 - Office 204

Unit 13 - Office 206 - Image 1 Unit 13 - Office 206 - Image 2







Unit 13 - 2nd Floor - Library

Unit 13 - 2nd Floor - Spiral Stair Unit 13 - Office 200







POPULATION 1 MILE 3 MILES 5 MILES

Total population 5,467 57,602 127,359

Median age 39.8 37.3 38.0

Median age (Male) 36.5 34.6 36.0

Median age (Female) 42.5 39.6 40.0

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 2,408 21,255 51,059

# of persons per HH 2.3 2.7 2.5

Average HH income $62,895 $58,915 $56,836

Average house value $283,018 $285,691 $219,075

* Demographic data derived from 2010 US Census




MADISON PARK OFFICE UNITS FOR SALE / INVESTMENT...MADISON PARK OFFICE UNITS FOR SALE / INVESTMENT...

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