Description
Prime Location near Pensacola NAS. Retail, Restaurant, and Mixed-Use Commercial Plaza. Attractive Brick architecture built-in 1930. Great investment opportunity for new businesses on Navy Blvd the main HWY into the Pensacola NAS with a daily traffic count of 23,500. Current Tenants below market rent produce a cap rate of 6% at List Price. New Tenants with market rent could produce a near 20% cap rate.
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0BEDS
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1ACRES
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0BATHS
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01/2 BATHS
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14,552SQFT
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$48$/SQFT
School Ratings & Info
Description
Prime Location near Pensacola NAS. Retail, Restaurant, and Mixed-Use Commercial Plaza. Attractive Brick architecture built-in 1930. Great investment opportunity for new businesses on Navy Blvd the main HWY into the Pensacola NAS with a daily traffic count of 23,500. Current Tenants below market rent produce a cap rate of 6% at List Price. New Tenants with market rent could produce a near 20% cap rate.
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