Former YMCA Open Space
For Lease
Contact for pricing
5406 Lillian Hwy, Pensacola, FL 32506
Open space with office, storage, restrooms; needs repairs.
Space Size3,496 SF
Days on Market2238
Property Features for 5406 Lillian Hwy
General Information
Standard status
Active
Size
3,496 SF
Class
C
Property subtype
Office
Lease Type
NNN
Building Details
Building Size
3,496 SF
Tenancy
Multiple
Spaces For Lease
at 5406 Lillian Hwy
5406 Lillian Hwy
Active
Size
3,496 SF
Type
Office
Lease Type
NNN
Listing Agency:
Gunther Properties
Listed By:
Fred Gunther · License #FL BK650490
(850) 433-0666
Source:
Crexi
Added: Sep 10, 2020
Changed: Oct 25
Last Checked: Jul 16 at 4:24AM
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 Gunther Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial space, formerly a YMCA, features a mostly open layout with an office, storage area, and restrooms. The space requires new wiring and some plumbing repairs, along with other potential improvements. The owner is open to completing these repairs and amortizing the costs over the lease term for a qualified tenant.
Key Highlights
- Mostly open space offers flexible usage possibilities.
- Includes existing office, storage area, and restrooms.
- Located in a former YMCA building.
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.03 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
Demographics for 32506, FL
36,017
Population
16,625
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
88%
High-School Grad
30.6 sq mi
ZIP Area
1,177
Density / Sq Mi
$59,978
Median Household Income
$36,216
Median Earnings
$1,280
Median Rent
$200,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Pensacola, FL
$73.47 /SF/Yr
Avg Asking Price
$8.09–$261 /SF/Yr
Price Range
5,124 SF
Avg Space Size
This space is priced 91% below the average of $73.47 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Open space with office, storage, restrooms; needs repairs.
Where is this office unit located?
The property is located at 5406 Lillian Hwy Pensacola, FL.
What is the lease rate?
The lease rate is $6.87 SF/Yr.
What are key features of this property?
This property features: Mostly open space offers flexible usage possibilities.; Includes existing office, storage area, and restrooms.; Located in a former YMCA building.
