1375 Government St Pensacola, FL 32502
This exceptional 4,054 square foot office space, situated on the second floor of a 16,054 square foot mixed-use building at 1375 W Government Street in Downtown Pensacola, offers a prime location. The space boasts seven private offices, a conference room, two restrooms, a breakroom, and a large open bullpen area, all conveniently served by an elevator. Recent improvements include a new roof coating with a 10-year warranty and a well-maintained backup generator ensures business continuity. The property includes 13 parking spaces, representing 37.7% of the total allocated parking. This Class B building is part of Pensacola's CRA Urban Overlay District, promoting high-quality design and development. The surrounding area is experiencing revitalization, with new single-family home construction underway. A newly planned and permitted parking lot, to be completed by October, will further enhance the property's appeal. This single-tenant space presents a unique opportunity for businesses seeking a well-maintained, modern office environment in a rapidly developing downtown location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.