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Harbourview on the Bay 25 W Cedar St 70,965 SF 98% Leased 4-Star Office Building Pensacola, FL 32502 $19,305,160 CAD ($272.04 CAD/SF) 8.31% Cap Rate
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
70,965 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1986
Price
$19,305,160 CAD
Price Per SF
$272.04 CAD
Cap Rate
8.31%
NOI
$1,604,732 CAD
Percent Leased
98%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
11,499 SF
Slab To Slab
11’
Building FAR
3.54
Lot Size
0.46 AC
Zoning
WRD
Parking
300 Spaces (4.23 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Partitioned Offices
- Recessed Lighting
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Waterfront facing office
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 140 | 456 SF | Office | - | Now |
| 6th Fl-Ste 620 | 620 SF | Office | Full Build-Out | Now |
1st Fl-Ste 140
| Size |
| 456 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
6th Fl-Ste 620
| Size |
| 620 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 140
| Size | 456 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Waterfront facing office
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
6th Fl-Ste 620
| Size | 620 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00-0S-00-9100-002-034 | Improvements Assessment | $13,031,423 CAD |
| Land Assessment | $989,560 CAD | Total Assessment | $14,020,983 CAD |
Property Taxes
Parcel Number
00-0S-00-9100-002-034
Land Assessment
$989,560 CAD
Improvements Assessment
$13,031,423 CAD
Total Assessment
$14,020,983 CAD
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Harbourview on the Bay | 25 W Cedar St
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