Contacts

Kylle Shoemaker

Stirling Properties

(760) 505-2798

Property Details

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

Getting around

48/100
Walk Score ®
52/100
Bike Score ®

Powered by Walk Score ®

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

Publix

0.21 miles
Target

0.27 miles
Walmart Neighborhood Market

0.73 miles
Ross

1.08 miles
Grocery Advantage

1.30 miles
Ever'man Cooperative

1.45 miles
JCPenney

1.86 miles
Burlington

1.97 miles
TJ Maxx

2.39 miles
Walmart Supercenter

2.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.