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6160 N Davis Hwy - Pensacola Medical for Sale 4,250 SF Office/Medical Condo Unit Offered at $1,338,168 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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | 1031 Exchange |
| Cap Rate | 7.51% |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.51% |
| 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, OptumServe Health 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 7.51% Cap. Price just reduced from $1,050,000 to $975,000 for quick sale!
Sale Notes
BIG TIME TENANT! This property, Suites 11 and 12, is part of the Heritage Medical Park in Pensacola, Florida. The tenant, OptumServe Health 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 7.51% Cap. Price just reduced from $1,050,000 to $975,000 for quick sale!
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 11 & 12 | 4,250 SF | Office/Medical | $1,338,168 CAD ($314.86 CAD/SF) | $100,431.75 CAD |
Unit 11 & 12
| Unit Size |
| 4,250 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,338,168 CAD ($314.86 CAD/SF) |
| NOI |
| $100,431.75 CAD |
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Unit 11 & 12
| Unit Size | 4,250 SF |
| Condo Use | Office/Medical |
| Price | $1,338,168 CAD ($314.86 CAD/SF) |
| NOI | $100,431.75 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.51% |
| 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, OptumServe Health 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 7.51% Cap. Price just reduced from $1,050,000 to $975,000 for quick sale!</li></ul> | |
| Sale Notes | |
| BIG TIME TENANT! This property, Suites 11 and 12, is part of the Heritage Medical Park in Pensacola, Florida. The tenant, OptumServe Health 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 7.51% Cap. Price just reduced from $1,050,000 to $975,000 for quick sale!</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| 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 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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6160 N Davis Hwy - Pensacola Medical for Sale
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