3507 Pace Blvd Pensacola, FL 32505
QSR FOR SALE PENSACOLA FL
Property Features for 3507 Pace Blvd
General Information
- Standard status
- Active
- Property type
- Other retail properties, Other commercial real estate
- Size
- 2,984 SF
- Net Rentable
- 2,984 SF
- Class
- B
- Total Parking Spaces
- 20
- Lot size
- 0.88 Acres
- Investment Type
- 1
Building Details
- Year Built
- 1980
- Buildings
- 1
Listing agent Faith License #BK3551079 (850) 889-2571
Listing office FMIG (850) 889-2571
Listing date Feb 23, 2026
Investment Insights
Based on property information with market context.
Local Financial Insights For Retail
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 | $53.7k | $18.00 |
| − Vacancy | −$5.5k | −$1.85 |
| EGI | $48.2k | $16.15 |
| − OpEx | −$14.5k | −$4.84 |
| NOI | $33.7k | $11.30 |