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Stabilized Office Investment Sale 3000 Langley Ave 3,200 SF Office Building Pensacola, FL 32504 $914,328 CAD ($285.73 CAD/SF) 8.03% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 3,200 SF
  • Established tenant, providing stabilized income.
  • Excellent Parking
  • Fresh new 5 year term
  • Great history of occupancy

EXECUTIVE SUMMARY

3000 Langley - Building 300 is a 2 -story, 3,200 square foot office which features a brand new 5-year lease with a tenant who has been growing since 2015, being offered at 7.88% cap rate. The building has a great history of occupancy and is in excellent condition. Quality office space of this size in the submarket is very limited. The interior was fully renovated in 2021, providing a modern and attractive environment for tenants. Plenty of parking for both employees and clients with 42 spaces available within the association. Signage available as well. The roof was replaced in 2020, a huge insurance benefit. Both HVAC systems were replaced in 2022 and 2019, reducing the need for costly upgrades. OM available upon request.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
3,200 SF
Building Class
C
Year Built/Renovated
1985/2007
Price
$914,328 CAD
Price Per SF
$285.73 CAD
Cap Rate
8.03%
NOI
$73,387 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,600 SF
Slab To Slab
11’
Building FAR
0.05
Lot Size
1.45 AC
Zoning
HDMU - High Density Mixed Use
Parking
42 Spaces (13.13 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Balcony

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 10-1S-29-6002-002-008
  • 10-1S-29-6002-003-008
  • 10-1S-29-6002-001-008
  • 14-1S-29-1102-001-001
  • 10-1S-29-6002-004-008
Land Assessment
$381,517 CAD
Improvements Assessment
$1,655,278 CAD
Total Assessment
$2,036,795 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 31082309

  • Date on Market: 2024-02-29

  • Last Updated:

  • Address: 3000 Langley Ave, Pensacola, FL 32504

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