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Property profile & analytics
OFF-MARKET
Office Spaces

1375 Government St Pensacola, FL 32502

16,054 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 16,054 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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