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13556675
13556630

8190 Pensacola Blvd, Pensacola, FL 32534

FG
FL BK650490
Gunther Properties
Listed by Gunther Properties
$5,750,000
941 days on market
Updated 64 days ago

Flexible use building currently used as a Charter School

Details
Property Type Office, Special Purpose
Sub Type Medical Office, School
Square Footage 48,018
Units 1
Tenancy Single
Price per SqFt $120
Class B
Year Built 1991
Year Renovated 2012
Buildings 1
Stories 1
Acreage 5.380
Zoning HC/LI
Ceiling Height 14

Office | 48,018 SqFt

Marketing description

The offering is a 48,018-square-foot charter school constructed on a 5.38-acre site that provides ample frontage along the heavily trafficked Pensacola Boulevard. The property, located at 8190 Pensacola Boulevard, lies less than a mile north of Interstate 10 and just over a mile south of a major commercial hub, Nine Mile Road. Originally constructed in 1991 as office space for the Department of Children and Families, the property was fully renovated in 2012 and converted into a charter school called Jacqueline Harris Preparatory Academy (JHPA. Jacqueline Harris Preparatory Academy has been operating as a not-for-profit charter school within the Pensacola area since 2003 8190 Pensacola Boulevard is also located less than 5 miles from the city’s largest employer, Navy Federal Credit Union. With over 9,000 employees, Navy Federal continues to grow and serves as an anchor of the Pensacola economy. Due to its location along Pensacola Boulevard, the property is afforded visibility and accessibility to the over 44,000 vehicles traveling along Pensacola Boulevard each day.

Currently, Jacqueline Harris Preparatory Academy boasts a waiting list and offers a current student body occupancy of 246 students. Residents living within a 3-mile radius of the property place an emphasis on education and admission fees, spending over $24M on education and daycare YTD in 2023. The residents also provide a sustainable student body pool for years to come.

8190 Pensacola Boulevard is located in the northeast corridor of Pensacola. Pensacola is the westernmost city along the Florida Panhandle and is the county seat of Escambia County. Known for its miles of white sandy beaches meeting the iconic blues of the Gulf of Mexico, Pensacola attracts more than 2.5 million visitors annually. Downtown Pensacola is commonly referred to as Florida’s Greatest Place, offering residents and visitors a refreshing mix of historic roots blended with a diverse community that can enjoy the many amenities of the city’s downtown. Art and history play a major part in the city and can be explored and admired at the Pensacola Museum of Art of the Plaza de Luna Memorial Monument.

Investment highlights

  • 8190 Pensacola Boulevard is a charter school being offered below market value, and well below the property’s replacement cost.

  • Residents living within a 3-mile radius have tallied an impressive consumer spending a total of over $500M YTD in 2023.

  • Located just south of Pensacola’s major commercial hub on Nine Mile Road and near Navy Federal’s major call center development.

  • 8190 Pensacola Boulevard is near national retailers like Circle K, Metro by T-Mobile, Walmart Supercenter, The Home Depot, Navy Federal, and more.

Listing Contacts

FG
FL BK650490
Gunther Properties
Listed by Gunther Properties

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