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4700 Bayou Blvd
Pensacola, FL 32503
Bayou Blvd Investment Opportunity · Office Property For Sale

Investment Highlights

  • 100% leased to medical users on a prominent Bayou Blvd. location with 3.69 acres.
  • Ideal site for long term redevelopment.
  • 29,762 sf near Pensacola International Airport, Ascension Sacred Heart Hospital, Cordova Mall & Pensacola Community College.

Executive Summary

Introducing an exceptional investment opportunity at 4700 Bayou Blvd, Pensacola, FL. This property features a 29,762 SF building with 10 units, boasting 100% occupancy. Centrally located in the highly sought-after Cordova Mall area, this well-maintained property offers immense potential for office building investors. Zoned C-1, the building, which was built in 1982 and renovated in 1995, sits on a prime 3.69-acre lot. With its ideal positioning near key facilities such as medical, retail, office and ample space for potential redevelopment, this property presents a compelling prospect for long-term growth and lucrative returns.
***The figures used for the 2026 NOI are based upon & include base rent with CAM to get total income. These figures are different with the tenants throughout the complex. The leases are not full NNN & may vary slightly from each other in their terms.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
29,762 SF
Building Class
C
Year Built
1983
Price
$5,632,252 CAD
Price Per SF
$189.24 CAD
Cap Rate
7.80%
NOI
$439,316 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
29,762 SF
Building FAR
0.19
Lot Size
3.69 AC
Zoning
C-1 - Commercial
Parking
79 Spaces (2.65 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
33-1S-30-7101-001-008
Land Assessment
$1,644,917 CAD
Improvements Assessment
$2,551,571 CAD
Total Assessment
$4,196,488 CAD
  • Listing ID: 31393336

  • Date on Market: 2024-04-02

  • Last Updated:

  • Address: 4700 Bayou Blvd, Pensacola, FL 32503

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