For Sale $725,000
Property Type Office - Medical Office
Property Size 2,912 SF
Lot Size 0.46 Acre
Property Tenancy Single Tenant
Building Class B
Year Built 1996
Date Updated Apr 22, 2024

Located off University Parkway. The main corridor between The University of West Florida, and HCA Florida West Hospital & I-10. Pensacola is home to 3 major hospitals - the brand new Baptist hospital, Ascension-Sacred Heart, and HCA Florida West. Escambia county has outpaced the national average of population percentage change according to the Florida Department of Economic Opportunity as of June '23.Stirling Properties proudly presents 9050 University Parkway, a 2,912 SF Single Tenant Medical Office investment, located in Pensacola, FL. This opportunity offers investors the opportunity to acquire a single tenant medical property backed by Ascend Vision Partners. The Pensacola MSA has experienced dynamic growth in recent years and medical office vacancy rates are at all time lows. Unemployment sits at about 3.3% (Dec '23 - St. Louis FRED), well below the 10 year average for the area. Adjacent lot (.3 AC) fronting University Parkway is also available for sale separately.

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Highlights

7.59% Cap Rate
Attractive 5% annual increases
Credit Tenant in Place
$55K - NOI

Contacts

Kylle Shoemaker

Stirling Properties

(760) 505-2798

Location

Getting Around

Walk Score ®
48/100 Car-Dependent
Bike Score ®
52/100 Bikeable

Map
Street

City Pensacola, FL
Neighborhood Ferry Pass
Zip Code 32514
Market Pensacola

Points of Interest

Pensacola

7.55 miles
Palmetto Beach Park

9.85 miles

Dodge's

0.53 miles
TomThumb

1.01 miles
Circle K

1.19 miles
Shell

1.30 miles
Exxon

1.42 miles
BP

1.44 miles
Tom Thumb

1.73 miles
BJ's Gas

2.03 miles
Citgo

2.35 miles
Shell

2.70 miles

Lot GG

1.06 miles
Lot AA

1.07 miles
Lot HH

1.11 miles
Lot C

1.13 miles
Lot DD

1.15 miles
Lot B

1.15 miles
Lot CC

1.16 miles
Lot BB

1.19 miles
Lot FF

1.20 miles
Lot EE

1.22 miles

Civic Inn

0.62 miles
Candlewood Suites Pensacola - University Area

1.36 miles
Days Inn

1.40 miles
Holiday Inn Pensacola - University Area

1.45 miles
La Quinta Inn

1.45 miles
Home2 Suites by Hilton Pensacola I-10 at North Davis Hwy

1.48 miles
Red Roof Inn Pensacola - West Florida Hospital

1.70 miles
Baymont Inn and Suites Pensacola

1.70 miles
Americas Best Value Inn & Suites

1.72 miles
Fairfield Inn by Marriott Pensacola I-10

1.75 miles

Panera Bread

0.17 miles
Hardee's

0.32 miles
Panda Express

0.35 miles
VooDoo BBQ & Grill

0.36 miles
Shanghai Buffet

0.36 miles
Firehouse Subs

0.37 miles
Chick-fil-A

0.37 miles
Sonic

0.44 miles
Burger King

0.46 miles
Krispy Kreme

0.48 miles

Ferry Pass Elementary School

0.95 miles
University of West Florida

1.48 miles
Trinitas Christian School

1.54 miles
Ferry Pass Middle School

1.70 miles
Ensley School

1.88 miles
West Florida High School

2.54 miles
Sunshine Christian Private School

2.65 miles
Mahoney School

2.66 miles
Workman Middle School

2.86 miles
Booker T. Washington High School

2.97 miles

Kid's Klub

0.85 miles
Kinder Care Learning Center

3.08 miles
Malena's Mini School

3.27 miles
Kid's Place Learning Center

3.39 miles
PCN Preschool/Daycare

5.72 miles
Brite Start Learning & Child Care Center

6.88 miles

Frequently Asked Questions

What is the lease rate for University Pkwy Investment Sale?

Rental asking rate at University Pkwy Investment Sale is $362,500.00/YR.

What is the total square footage of University Pkwy Investment Sale?

University Pkwy Investment Sale totals 2,912 square feet.

When was this property built?

University Pkwy Investment Sale was built in 1996.

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