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6160 N Davis Hwy - Pensacola Medical for Sale 4,250 SF Office/Medical Condo Unit Offered at $1,383,390 CAD in Pensacola, FL 32504
INVESTMENT HIGHLIGHTS
- Quality National Tenant – OptumServe Health
- 3.5% Annual Rent Bumps
- 4250 SF - Built in 1985
- Leased to 11/30/27 + 5 yr Option
- $73,175.38 NOI - 7.32% CAP
- Tenant is Largest Provider Network in the U.S.
EXECUTIVE SUMMARY
This property, Suites 11 and 12, is part of the Heritage Medical Park in Pensacola, Florida. The tenant, OptumServeHealth Services (created by Optum and United Health), occupies 4,250 SF with a lease expiring at the end of Nov. 2027 and 3.5% annual rent bumps. There is a 5-year option as well. This is a fantastic, quality tenant who can provide long term stability for a quality investor with an impressive 7.32% Cap.
PROPERTY FACTS
| Total Building Size | 4,250 SF | Typical Floor Size | 4,250 SF |
| Property Type | Office (Condo) | Year Built | 1985 |
| Property Subtype | Medical | Tenancy | Single |
| Building Class | B | Lot Size | 2.00 AC |
| Floors | 1 | Parking Ratio | 15.53/1,000 SF |
| Zoning | SSD | ||
| Total Building Size | 4,250 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 4,250 SF |
| Year Built | 1985 |
| Tenancy | Single |
| Lot Size | 2.00 AC |
| Parking Ratio | 15.53/1,000 SF |
| Zoning | SSD |
AMENITIES
- 24 Hour Access
- Signage
1 UNIT AVAILABLE
Unit 11 & 12
| Unit Size | 4,250 SF | Sale Type | Investment or Owner User |
| Price | $1,383,390 CAD | Cap Rate | 7.32% |
| Price Per SF | $325.50 CAD | NOI | $101,230.09 CAD |
| Condo Use | Office/Medical | Sale Conditions | 1031 Exchange |
| Unit Size | 4,250 SF |
| Price | $1,383,390 CAD |
| Price Per SF | $325.50 CAD |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.32% |
| NOI | $101,230.09 CAD |
| Sale Conditions | 1031 Exchange |
DESCRIPTION
BIG TIME TENANT! This property, Suites 11 and 12, is part of the Heritage Medical Park in Pensacola, Florida. The tenant, OptumServeHealth Services (created by Optum and United Health), occupies 4,250 SF with a lease expiring at the end of Nov. 2027 and 3.5% annual rent bumps. There is a 5-year option as well. This is a fantastic, quality tenant who can provide long term stability for a quality investor with an impressive 7.32% Cap.
SALE NOTES
BIG TIME TENANT! This property, Suites 11 and 12, is part of the Heritage Medical Park in Pensacola, Florida. The tenant, OptumServeHealth Services (created by Optum and United Health), occupies 4,250 SF with a lease expiring at the end of Nov. 2027 and 3.5% annual rent bumps. There is a 5-year option as well. This is a fantastic, quality tenant who can provide long term stability for a quality investor with an impressive 7.32% Cap.
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6160 N Davis Hwy - Pensacola Medical for Sale
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