Waterfront Office Campus
1 Energy Pl Pensacola, FL 32502
For Sale
Contact for pricing
Class A five-story office building with structured parking and a large-scale central HVAC plant.
Property Size250,000 SF
Lot Size13.00 Acres
Price / SF$184
Days on Market232
Property Features for 1 Energy Pl
General Information
- Standard status
- Active
- Size
- 250,000 SF
- Lot size
- 13.00 Acres
- Property subtype
- OFFICE
Listing Agency:
SVN | Southland Commercial Real Estate
(850) 380-3344
Listed By:
Michael Carro · License ##BK3179263
(850) 380-3344
Source:
Moodyscre
Added: Dec 3, 2025
Changed: Jul 23
Last Checked: Jul 23 at 1:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Southland Commercial Real Estate
Investment Insights
Based on property information with market context.
One Energy Place is a Class A, five-story office building totaling approximately 250,000 square feet on 13+ acres of waterfront real estate with direct views of Pensacola Bay. The property includes a grand lobby, expansive glass facades, and structured parking, with water views from nearly every floor. It can be delivered 100% vacant, offering flexibility for adaptive re-use.
The site is positioned within minutes of Downtown Pensacola and is described as one of the largest contiguous office assets on the Gulf Coast. The property is also presented as suitable for corporate headquarters use, mixed-use redevelopment, or institutional investment.
Mechanical systems include a large-scale, high-performance central HVAC plant with redundancy and zone conditioning. The equipment described includes three Multistack chillers, two SPX cooling towers rated at 800 tons each, multiple Daikin and Carrier air-handling units, dedicated pumping systems (including six flow/return pumps), and nearly 175 terminal control units. The seller states the offering can support flexible, multi-tenant configurations and future adaptive re-use.
The site is positioned within minutes of Downtown Pensacola and is described as one of the largest contiguous office assets on the Gulf Coast. The property is also presented as suitable for corporate headquarters use, mixed-use redevelopment, or institutional investment.
Mechanical systems include a large-scale, high-performance central HVAC plant with redundancy and zone conditioning. The equipment described includes three Multistack chillers, two SPX cooling towers rated at 800 tons each, multiple Daikin and Carrier air-handling units, dedicated pumping systems (including six flow/return pumps), and nearly 175 terminal control units. The seller states the offering can support flexible, multi-tenant configurations and future adaptive re-use.
Key Highlights
- Class A, five‑story office building totaling approximately 250,000 SF on 13+ acres overlooking Pensacola Bay
- Expansive waterfront views with sweeping glass facades and a grand lobby, with water views from nearly every floor
- Large‑scale central HVAC plant with three multistack chillers and redundant design for Class A office demands
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $6.27M | $25.08 |
| − Vacancy | −$648.3k | −$2.59 |
| EGI | $5.62M | $22.49 |
| − OpEx | −$1.41M | −$5.62 |
| NOI | $4.22M | $16.87 |
250,000 SF · lease $25.08/SF/yr · vacancy 10.34% · expense 25.00%
Alternative Uses
Best Use
Office B
$60.23M
$52.70M – $70.27M
NOI $4,216,262 @ 7.0% cap · market cap 9.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$73.37M
$64.20M – $85.60M
NOI $5,136,014 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
G PC E ...
Credit Union
Gulf Power Foundation
Charitable Organization
Florida Power & Light
Electric Utility Company
FAQs
What type of property is this?
Office building - Class A five-story office building with structured parking and a large-scale central HVAC plant.
Where is this office building located?
The property is located at 1 Energy Pl Pensacola, FL.
What is the asking price?
The asking price for this property is $46,000,000.
What are key features of this property?
This property features: Class A, five‑story office building totaling approximately 250,000 SF on 13+ acres overlooking Pensacola Bay; Expansive waterfront views with sweeping glass facades and a grand lobby, with water views from nearly every floor; Large‑scale central HVAC plant with three multistack chillers and redundant design for Class A office demands
