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Property profile & analytics
OFF-MARKET
Office Spaces

6451 North St Pensacola, FL 32505

14,014 SF 2.54 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Class A office building, totaling 14,014 square feet, presents a unique investment opportunity in Pensacola, Florida. Located at 6451 North W Street, this single-tenant property sits on a 2.54-acre lot and boasts 130 paved parking spaces, designed to accommodate high-volume traffic. Currently occupied under an absolute net (NNN) lease expiring December 31, 2024, this provides immediate income potential while allowing for future renovations or repurposing. The building's former use as the Escambia County Tax Collector's office highlights its suitability for businesses requiring high traffic flow and accessibility. Features include a four-lane drive-through with an after-hours drop box, convenient ingress/egress from W Street and Marcus Pointe Boulevard (including a lighted intersection at the side entrance), and a fully functional backup generator. The asking price is $2,200,000, translating to $156.99 per square foot. Detailed financials are available upon execution of a confidentiality agreement. The property's versatility allows for various uses, including a large single-tenant office, multiple suites, or executive office spaces. This presents a compelling opportunity for investors seeking a strong return on investment in a prime Pensacola location. The property is also available for lease at $14.75 per square foot plus NNN, with occupancy available January 1, 2025.

Property profile
Verified
Property type Office Spaces
Total area 14,014 SF
Lot 2.54 ac (110,642 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
Current use
Occupant on record · Public records
  • Service Centers in Escambia County Department Of Motor Vehicles
  • Escambia County Tax Collector Department Of Motor Vehicles Tax Collector'S Office
  • House Buyers Florida - We Buy Houses | Sell My House Fast Property Investment Company
  • ascension Post Office
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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