3100 W Fairfield Drive, Pensacola, FL 32505 (MLS# 741920)

3100 W Fairfield Drive, Pensacola, FL 32505

$700,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 31,799 Status: Sold

Current Price: $1,166,113 List Date: 4/12/2016 Last Modified: 10/12/2024

Description

State just signed a seven-year lease that will not expire until 06/30/2022. CAP:8% - NOI: $93,289. Rent roll and property financials will be provided to qualified investors upon request. Confidentiality Agreement must be signed and returned by interested party

More Information MLS# 741920

None

Current Price: $700,000

Status Change Info

Status: Sold Under Contract Date: 2016-03-23 Sold Date: 2016-06-27 Sold Price: $700,000

Contract Info

List Date: 2015-11-17 List Price: $1,166,113 Listing Board: Emerald Coast

Location Tax and Legal

Area: 08 - Escambia County Street #: 3100 Street Direction: W Street Name: Fairfield Street Suffix: Drive State: FL Zip Code: 32505 County: Escambia Parcel ID: 092S300600000001

General Property Info

Listed on GCCMLS: Yes Office Class: B Property Information: GREAT INVESTMENT OPPORTUNITY - Fully leased income producing property. Single-story building has just been completely renovated, as per the specs of the state tenant - Fla. Dept. of Corrections/Probation and Parole Office. Building is in great condition and currently professionally managed. Building contains 35 private offices, large reception/lobby, clerical area, conference room, lounge/break room, and six restrooms. Wired for security and fire alarm. 50 on-site private parking spaces. Vacant: No Immediate Occupancy: No Acreage: 0.73 Lot SqFt: 31779 Lot Frontage: 200 Lot Depth: 220 Zoning: HC/LI

Office

Building SqFt: 8760 Cap Rate: 8 # of Units: 1

Property Features

Class: Office Construction Status: Existing

Listing Office: Nai Halford

Last Updated: October - 12 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.