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Medical Office Space with Exam Rooms
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710 Underwood Ave, Pensacola, FL 32504

Operating medical office with reception, private offices, restrooms, and additional unfinished upper-level space.

Space Size4,186 SF
Days on Market489

Property Features for 710 Underwood Ave

General Information

Standard status Active
Size 4,186 SF
Net Rentable 4,186 SF
Total Parking Spaces 18
Property subtype OFFICE
Zoning R-2A
Lease Type NNN

Space & Availability

Available Space 4,186 SF
Contiguous Space 4,186 SF
Space Use Medical Office
Sublease No
Private Offices 4

Lease Terms

Total Rate $4,900
Monthly Rent $4,900
CAM $1,350 /USD/MO

Additional Details

Road Access Yes

Building Details

Building Size 4,186 SF

Spaces For Lease

at 710 Underwood Ave Contact us

Cordova Area 4200+/- SF Medical Office Building For Sale or Lease $4,900/Mo

Size
4,186 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
Currently operating Primary Care physician’s office located across from Pensacola...
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Listing Agency: Neal & Company, LLC
Listed By: Donald Neal, CCIM, SIOR
Source: Moodyscre
Added: Apr 29, 2025 Changed: Aug 30 Last Checked: Aug 30 at 11:30AM

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 Neal & Company, LLC

Investment Insights

Based on property information with market context.

This 4,186-square-foot medical office includes 3,198 square feet of finished clinical space and 988 square feet of unfinished area upstairs. The layout provides 5-6 exam rooms, a reception area, four offices, and three restrooms, with approximately 18 parking spaces. A new roof and finished interior support the existing primary care operation and other office-based uses, including medical spa or wellness services.

The property is at 710 Underwood Ave in Pensacola, across from Pensacola State College and near Ninth Avenue. A signalized connection at Ninth Avenue and Underwood Avenue provides access, while signage can be seen from Ninth Avenue. The property carries R-2A zoning under the City of Pensacola and is offered with NNN lease structure.

Key Highlights

  • 4,186 SF building with 3,198 SF medical office space and 988 SF unfinished upstairs
  • 5‑6 exam rooms, reception area, 4 offices, and 3 restrooms
  • 18+/- parking spaces

Property Analytics

Current Use

RW Lucey MD Physician Hormone Wizard Medical Clinic

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Plumbing Service Carpet & Flooring Store Catering Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,716
Businesses Nearby
Balanced
Demand for This Use

Demographics for 32504, FL

21,791
Population
10,436
Households
2.1
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
10.5 sq mi
ZIP Area
2,075
Density / Sq Mi
$74,067
Median Household Income
$41,990
Median Earnings
$1,257
Median Rent
$242,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Operating medical office with reception, private offices, restrooms, and additional unfinished upper-level space.
Where is this medical office space located?
The property is located at 710 Underwood Ave Pensacola, FL.
What is the lease rate?
The lease rate is $4,900/Mo.
What are key features of this property?
This property features: 4,186 SF building with 3,198 SF medical office space and 988 SF unfinished upstairs; 5‑6 exam rooms, reception area, 4 offices, and 3 restrooms; 18+/- parking spaces
(850) 287-0871 Call to check price and availability
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