801 East Cervantes Street is an office property for lease in Pensacola, FL.
Multi-tenant office building for sale near the downtown Pensacola market. This is a rare chance to own a cash flowing office building in a market that is booming.
The building is very well located along the high traffic corridor of Cervantes Street. Neighbors include McDonald's, Walgreen's, Krispy Kreme, UPS Store and Oh Snap Cupcake Bakery.
Publix grocery is building a new store just a few blocks to the East.
The property is located between the two hottest real estate markets in Pensacola, which are the historic downtown CBD and the East Hill residential neighborhood.
87% Occupied Office Building
60% of building has a long term lease, which provides for stable income.
The remainder of building has shorter term leases, which allows for rent growth with the booming downtown office market.
Fully renovated in 2006, the property is in very good condition.
40 private parking spaces.
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