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Distribution Center with Interior Crane
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535 Massachusetts Ave, Pensacola, FL 32505

NNN distribution facility with office, mezzanine storage, and multiple drive-in loading doors.

Property SizeContact for details
Days on Market145

Property Features for 535 Massachusetts Ave

General Information

Standard status Active
Property subtype Industrial
Occupancy 100%
Net Operating Income $116,196

Warehouse & Industrial

Office Build-Out 2,800 SF
Drive-In Doors 3

Additional Details

Cap Rate 6.75%

Building Details

Tenancy Single
Listing Agency: Neal & Company
Listed By: Edward Cronley · License #FL 3235697
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:37AM

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

Investment Insights

Based on property information with market context.

This distribution center includes 2,800 SF of office space, mezzanine storage above the office area, and an interior crane. Three drive-in doors, each measuring 14x14, support warehouse and distribution operations. The property is occupied by a regional roofing supplier under an NNN lease through Nov 2025, with renewal options in place.

Located at 535 Massachusetts Ave in Pensacola, FL 32505, the facility combines warehouse functionality with dedicated administrative and storage areas. Its existing loading configuration and crane provide practical features for an industrial user or specialized distribution operation.

Key Highlights

  • 2,800 SF office area within the distribution facility
  • Three 14x14 drive‑in doors
  • Mezzanine storage positioned above the office space

Property Analytics

Current Use

Heely Brown Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

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

3
Drive-in doors
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

441
Businesses Nearby

Demographics for 32505, FL

28,671
Population
12,278
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
82%
High-School Grad
13.0 sq mi
ZIP Area
2,205
Density / Sq Mi
$41,039
Median Household Income
$27,950
Median Earnings
$1,053
Median Rent
$120,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - NNN distribution facility with office, mezzanine storage, and multiple drive-in loading doors.
Where is this distribution center located?
The property is located at 535 Massachusetts Ave Pensacola, FL.
What are key features of this property?
This property features: 2,800 SF office area within the distribution facility; Three 14x14 drive‑in doors; Mezzanine storage positioned above the office space
More about this property
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