8500 Pensacola Blvd Pensacola, FL 32534-3339
- Community centers
- 11,148 SF
- 0.17 lot acres
Current Use by Public Records
- X Smoke depo / Tobacco Shop
- Fusion Fine Wine Spirits VII / Liquor Store
- Lazy Day Spa / Massage Spa
Property Details for 8500 Pensacola Blvd
- Year built
- 2006
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.17 lot acres
- Property size
- 11,148 SF
- Zone code
- HC/LI
- Property type
- Community centers
- APN
- 11-1S-30-1901-010-058
- APU
- 111S301901010058
Description
This exceptional Class A office suite, located at 8500 Pensacola Blvd, presents a unique opportunity for immediate occupancy. The 1,750 square foot space boasts a "vanilla shell" finish, providing maximum flexibility for tenant build-out and customization. Situated within a larger single-story building constructed in 2006 and extensively renovated in 2022, this property offers a modern and efficient workspace. The building features a total of 10,786 square feet and 30 individual suites, all currently vacant. The entire building is situated on a 0.73-acre lot, providing ample space and convenient access. The property includes 24 parking spaces for tenant and visitor use. The suite is zoned HC-LI and benefits from a high-traffic location within a submarket boasting 44,500 vehicle counts. The monthly rent is $2,770.83, comprising a base rent of $16.50 per square foot and $2.50 per square foot in NNN charges. Sales tax of 7% adds $2,964.79 to the total monthly cost. The 15-foot ceiling height contributes to a spacious and airy atmosphere. This is an ideal opportunity for businesses seeking a move-in ready office space in a prime location. The property's APN is 111S301901007058. No elevators are present in the building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $785,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,025,000
- 6.5%
- $985,000
- 7%
- $1,115,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,155,000
- Geo Method
- $955,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $925,000
- Retail
- $1,220,000
- Mixed-Use
- $1,120,000
- Hospitality
- $1,175,000
- Educational
- $1,215,000
- Residential Income
- $1,095,000
- Energy
- $1,070,000
- Income-Based Land
- $1,195,000
- Food Service
- $990,000
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2724
- Latitude
- 30.5201
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
