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Global Military Marketing 1288 Country Club Rd 4,500 SF Office Building Gulf Breeze, FL 32563 $1,381,961 CAD ($307.10 CAD/SF) 7.77% Cap Rate



INVESTMENT HIGHLIGHTS
- Included in Sale • Building and two adjacent lots • Additional land provides flexibility for expansion or future development
- Prime Location • Gulf Breeze, part of the Pensacola MSA • Direct access to Gulf Breeze Pkwy (40,500 VPD) and Pensacola Bay Bridge
- Value Add Potential • Long-term tenant w/ limited landlord obligations • Below-market rent with upside potential • Option to convert to NNN at renewal
- Well Maintained Asset w/ Recent CapEx • Brand New HVAC • New Roof in 2018 • Parking Lot Resurfaced and Landscaping Improvements in 2024
- Property Features • 4,500 SF on 0.62 acres • 18 surface spaces (4.67/1,000 SF) • Excellent visibility and access
EXECUTIVE SUMMARY
Franklin Street is pleased to present the Global Military Marketing Building, a 4,500-square-foot office property located at 1288 Country Club Road in Gulf Breeze, Florida. Built in 2001 and fully occupied, the building is situated on 0.62 acres with excellent visibility and surface parking for 18 vehicles. The sale includes the building and two adjacent lots, offering additional flexibility for expansion or future development. The tenant, Global Military Marketing, has successfully operated out of this location since 2001, demonstrating long-term loyalty and commitment to the site.
The property is leased to a long-term tenant on a modified gross basis, providing investors with limited landlord responsibilities and stable, predictable income. Current rental rates are below market, creating future upside at renewal or upon re-tenanting. Additionally, there is flexibility to transition the lease structure from gross to triple-net
(NNN), further reducing landlord obligations and enhancing cash flow stability. Gulf Breeze’s affluent demographics and coastal location further strengthen the investment’s long-term fundamentals.
The property is leased to a long-term tenant on a modified gross basis, providing investors with limited landlord responsibilities and stable, predictable income. Current rental rates are below market, creating future upside at renewal or upon re-tenanting. Additionally, there is flexibility to transition the lease structure from gross to triple-net
(NNN), further reducing landlord obligations and enhancing cash flow stability. Gulf Breeze’s affluent demographics and coastal location further strengthen the investment’s long-term fundamentals.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,500 SF
Building Class
B
Year Built
2001
Price
$1,381,961 CAD
Price Per SF
$307.10 CAD
Cap Rate
7.77%
NOI
$107,364 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,500 SF
Building FAR
0.17
Lot Size
0.62 AC
Zoning
HCD - Highway Commercial Development
Parking
18 Spaces (4 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Reception
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Global Military Marketing
- Wholesaler
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Global Military Marketing | Wholesaler | - | - | - |
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PROPERTY TAXES
| Parcel Number | 29-2S-28-5438-00B00-0080 | Improvements Assessment | $506,254 CAD |
| Land Assessment | $70,474 CAD | Total Assessment | $576,728 CAD |
PROPERTY TAXES
Parcel Number
29-2S-28-5438-00B00-0080
Land Assessment
$70,474 CAD
Improvements Assessment
$506,254 CAD
Total Assessment
$576,728 CAD
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Global Military Marketing | 1288 Country Club Rd
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