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3190 E Johnson Ave 15,119 SF Flex Building Pensacola, FL 32514 $2,540,645 CAD ($168.04 CAD/SF) 6.25% Cap Rate

Flex Spaces Florida Pensacola 3190 E Johnson Ave, Pensacola, FL 32514

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Investment Highlights

  • Shadow Investment Grade Credit Tenant
  • Highly Sought-After Industrial Submarket and Attractive Florida Appeal
  • Recently Extended Lease
  • Below Market Rent
  • Strong Industrial Corridor
  • Significant LL Improvements & New Roof

Executive Summary

The property is located at 3190 East Johnson Avenue in Pensacola, Florida, and features a ±15,119-square-foot building situated on ±1.25 acres. The lease commenced in August 2025 and is structured as a five-year double net (NN) lease with 2.5% annual rent escalations and one five-year renewal option. Recent upgrades include full perimeter fencing, new exterior overhead doors, new HVAC units, new exterior concrete, and a full roof replacement completed in 2020 with a 15-year warranty.
In Association With Jason Long, FL License #BK3302956

Attachments

DHL-Pensacola-ThirdParty

Property Facts

Price $2,540,645 CAD Rentable Building Area 15,119 SF
Price Per SF $168.04 CAD No. Stories 1
Sale Type Investment Year Built/Renovated 1988/2020
Cap Rate 6.25% Tenancy Single
Property Type Flex Parking Ratio 0.79/1,000 SF
Property Subtype
Light Distribution
  • Industrial Distribution
  • Industrial Warehouse
 No. Dock-High Doors/Loading 4
Building Class B No. Drive In / Grade-Level Doors 2
Lot Size 1.25 AC
Zoning HC/LI - Heavy Commercial and Light Industrial
Price $2,540,645 CAD
Price Per SF $168.04 CAD
Sale Type Investment
Cap Rate 6.25%
Property Type Flex
Property Subtype
Light Distribution
  • Industrial Distribution
  • Industrial Warehouse
Building Class B
Lot Size 1.25 AC
Rentable Building Area 15,119 SF
No. Stories 1
Year Built/Renovated 1988/2020
Tenancy Single
Parking Ratio 0.79/1,000 SF
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 2
Zoning HC/LI - Heavy Commercial and Light Industrial

Amenities

  • Fenced Lot
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • DHL Express
  • -
  • 15,119 SF
  • -
  • Double Net
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
DHL Express - 15,119 SF - Double Net -
1 1

Property Taxes

Parcel Number 16-1S-30-1101-000-015 Improvements Assessment $655,122 CAD
Land Assessment $136,359 CAD Total Assessment $791,481 CAD

Property Taxes

Parcel Number
16-1S-30-1101-000-015
Land Assessment
$136,359 CAD
Improvements Assessment
$655,122 CAD
Total Assessment
$791,481 CAD
(918) 803-4815

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Contact the broker for more information about this property

Contact

  • Listing ID: 39463741

  • Date on Market: 2026-02-17

  • Last Updated:

  • Address: 3190 E Johnson Ave, Pensacola, FL 32514

The Ferry Pass Flex Property at 3190 E Johnson Ave, Pensacola, FL 32514 is currently available. Contact Northmarq for more information.

FLEX PROPERTIES IN NEARBY NEIGHBORHOODS

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3190 E Johnson Ave
(918) 803-4815 x

3190 E Johnson Ave

Collin Meadors
(918) 803-4815

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