Freestanding Medical Office
For Sale
Contact for pricing
907 Garden Gate Circle, Pensacola, FL 32504
Configured with clinical rooms, laboratory space, a surgery room, and an employee kitchen.
Property Size2,800 SF
Price / SF$249.64
Days on Market39
Property Features for 907 Garden Gate Circle
General Information
Standard status
Active
Size
2,800 SF
Property subtype
OFFICE
Building Details
Buildings
1
Listing Agency:
Neal & Company, LLC
(850) 444-9994
Listed By:
Robert "Beau" Vignes
(850) 776-5354
Source:
Moodyscre
Added: Sep 8
Changed: Oct 15
Last Checked: Oct 16 at 11:32AM
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
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Investment Insights
Based on property information with market context.
This 2,800-square-foot medical office property provides a purpose-built clinical layout within a freestanding building. The interior includes a patient waiting area, two doctors’ offices, four exam rooms, a laboratory, a surgery room, and an employee kitchen.
The property is located at 907 Gardengate Circle in Pensacola, Florida, with approximately 70 feet of frontage along Airport Blvd. The corridor records 36,000 daily traffic, providing measurable exposure for the practice-oriented facility.
The property is located at 907 Gardengate Circle in Pensacola, Florida, with approximately 70 feet of frontage along Airport Blvd. The corridor records 36,000 daily traffic, providing measurable exposure for the practice-oriented facility.
Key Highlights
- 2,800‑square‑foot freestanding medical office building
- Two doctors’ offices and four exam rooms
- Dedicated laboratory and surgery room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,222
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$944,440
$944.4K
Cap Rate 7%
$674,600
$674.6K
Cap Rate 9%
$524,689
$524.7K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$70.2K $25.08/SF
− Vacancy
−$7.3K −$2.59/SF
EGI
$63.0K $22.49/SF
− OpEx
−$15.7K −$5.62/SF
NOI
$47.2K $16.87/SF
Area
Escambia County, FL
Vacancy
10.34%
Lease Rate
$25.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$944,440
Cap Rate 7%
$674,600
Cap Rate 9%
$524,689
Alternative Uses
Best Use
Office B
$674.6K
$590.3K – $787.0K
NOI $47,222 @ 7.0% cap · market cap 6.76%
Second Best
Healthcare Medical
$539.7K
$472.2K – $629.6K
NOI $37,778 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$821.8K
$719.0K – $958.7K
NOI $57,523 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,971
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Luciane Vetori M. Brown, PAC — 5149 n 9th ave, pensacola, fl 32504
- Banfield Pet Hospital — 6251 N Davis Hwy, Pensacola, FL 32504
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with clinical rooms, laboratory space, a surgery room, and an employee kitchen.
Where is this medical office space located?
The property is located at 907 Garden Gate Circle Pensacola, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2,800‑square‑foot freestanding medical office building; Two doctors’ offices and four exam rooms; Dedicated laboratory and surgery room
