Medical Office Investment Sale

For Sale

5111 N. 12th Ave., Pensacola, FL 32504

This Pensacola property for sale is located at 5111 N. 12th Ave.. The general use of Medical Office Investment Sale is office and it incorporates 22,296 square feet of class A office space. The current listed sale price for Medical Office Investment Sale is $5,400,000. Medical Office Investment Sale is situated on a lot that is 2.2 acre in size.

Contacts

broker

Kylle Shoemaker

Stirling Properties

Property Details

  • Property Type Office - General Office
  • Property Size 22,296 SF
  • Units 1
  • Lot Size 2.2 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 88
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 1991
  • Date Updated Sep 30, 2024
Strategically located adjacent to Pensacola International Airport (PNS) and across from Cordova Mall, this office asset is surrounded by a wealth of nearby amenities including hotels, restaurants, and retail. It is also conveniently positioned next to Pensacola State College, Ascension Sacred Heart Pensacola, Cordova Commons and across the street from Baptist Urgent Care, offering unparalleled access and convenience.Stirling Properties is pleased to present 5111 12th Ave, a 22,136 SF Medical Office building with a strong single tenant, Dynamic Pain & Wellness, on a long-term NNN lease. With multiple locations across Florida and Alabama, this growing provider of advanced pain management solutions ensures a secure and stable investment. Strategically located between Cordova Mall and Pensacola International Airport, this property offers prime visibility and steady cash flow with minimal landlord responsibilities. Brand new roof & HVAC in 2024.Rare opportunity for a large, contiguous block of Class "A" office space in Pensacola, Fl. The property consists of 22,136 sf in one of Pensacola's premier submarkets. The building is included in Corporate Woods Office Park, which is strategically located just minutes from the Pensacola Airport and the Cordova commercial corridor. Corporate Woods is an established and professionally managed suburban office development with a long history of strong occupancy. The space is heavily demised with private offices, but it does include multiple conference rooms, training rooms and breakout meeting spaces. The interior is in excellent condition and a subdivide is possible. Access to the property is outstanding with multiple points of ingress/egress along both Airport Blvd and 12th Avenue. The building sits in close proximity to numerous hotels, restaurants as well as a variety of other commercial uses. In addition, the property is extremely visible along 12th Avenue with signage rights available.

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Highlights

  • 85 Month Initial Term
  • 3% Annual Increases
  • Strong, Single Tenant
  • New Roof & HVAC in 2024

Attachments

Getting around

  • 45/100

    Walk Score ®

  • 28/100

    Transit Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Pensacola, FL
  • Neighborhood College Heights
  • Zip Code 32504
  • Market Pensacola

Points of Interest

  • Pensacola

    3.92 miles

  • Palmetto Beach Park

    7.07 miles

  • Shell

    0.69 miles

  • Tom Thumb

    0.95 miles

  • Citgo

    1.40 miles

  • RaceWay

    1.76 miles

  • BJ's Gas

    2.20 miles

  • Exxon

    2.46 miles

  • BP

    2.48 miles

  • Shell

    2.59 miles

  • Circle K

    2.62 miles

  • RaceWay

    2.65 miles

  • Pensacola Airport Parking

    0.12 miles

  • Lot O

    0.13 miles

  • Lot N

    0.15 miles

  • Economy Lot 2

    0.18 miles

  • Economy Lot 1 & Cellphone Lot

    0.19 miles

  • Lot X

    0.19 miles

  • Lot W

    0.21 miles

  • Lot V

    0.21 miles

  • Taxi Queue

    0.22 miles

  • Surface Parking Lot

    0.23 miles

  • Hampton Inn & Suites

    0.14 miles

  • Hyatt Place

    0.15 miles

  • Homewood Suites Pensacola-Arpt (Cordova Mall Area)

    0.21 miles

  • Hilton Garden Inn

    1.03 miles

  • Residence Inn

    1.08 miles

  • SpringHill Suites by Marriott Pensacola

    1.98 miles

  • Extended Stay America - Pensacola - University Mall

    2.03 miles

  • TownePlace Suites by Marriott Pensacola

    2.03 miles

  • Hampton Inn & Suites Pensacola I-10 North at University Town Plaza

    2.16 miles

  • Fairfield Inn by Marriott Pensacola I-10

    2.24 miles

  • Belk

    0.47 miles

  • Ross

    0.50 miles

  • Cordova Mall

    0.52 miles

  • Dillard's

    0.60 miles

  • Winn-Dixie

    0.78 miles

  • Target

    0.80 miles

  • Publix

    0.97 miles

  • Walmart Supercenter

    1.50 miles

  • Winn-Dixie

    1.63 miles

  • Big Lots

    1.65 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.

Contact Listing Broker

broker

Kylle Shoemaker

Stirling Properties