6160 Davis Hwy Pensacola, FL 32504
- Office buildings
- 1,803 SF
- 0.03 lot acres
Current Use by Public Records
- heritage medical park / Medical Center / Business Center
- Edwin E. Yee, DMD, PA / Dentist
- Allergy & Asthma Center-Nw: Halcomb Michelle M DDS / Dentist
- Edward Jones - Financial Advisor: Zachary Brooks, CFP® / Stock Broker / Financial Consultant
- Dr. Vishnu N. Behari, MD / Endocrinologist
Property Details for 6160 Davis Hwy
- Year built
- 1985
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.03 lot acres
- Property size
- 1,803 SF
- Zone code
- SSD
- Property type
- Office buildings
- APN
- 34-1S-30-1202-000-012
- APU
- 341S301202000012
Description
This exceptional investment opportunity presents a stabilized medical office building located at 6160 N Davis Hwy, Pensacola, FL 32504, within Escambia County. The property, encompassing 4,250 square feet across two units, is 100% occupied by OptumServe Health Services under a triple-net (NNN) lease expiring November 30, 2027, with a five-year renewal option. The current annual net operating income (NOI) stands at $70,700, yielding a compelling 6.73% capitalization rate. Built in 1985, this single-building property benefits from annual rent bumps of 3.5%, ensuring consistent income growth. The asking price is $1,050,000 and is structured for a 1031 exchange. This presents a rare chance to acquire a stable, high-performing asset with a quality national tenant, providing long-term financial security and potential appreciation. The property is ideally suited for investors seeking a secure, high-yield investment in the thriving Pensacola medical market. This is a turnkey investment opportunity with minimal management requirements.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2222
- Latitude
- 30.4873
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
