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21655064
21655066

901 N New Warrington Rd, Pensacola, FL 32506

DD
FL 3037624
NAI Pensacola
JG
FL 655630
NAI Pensacola
Listed by NAI Pensacola
$400,000
479 days on market
Updated 24 days ago

Fully Leased Medical Office Building

Details
APN 342S300140000001
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 3,352
Net Rentable (SqFt) 3,352
Cap Rate 8.55%
NOI $34,218
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 5
Lease Expiration 10/31/2028
Remaining Term 2.4
Rent Bumps Yes
Lease Options yes
Class C
Year Built 1958
Year Renovated 2010
Buildings 1
Stories 2
Acreage 0.175
Zoning COM
Parking Spaces 25 spaces
Parking Per SqFt 7.46
Investment Type Stabilized
Lease Commencement 11/01/2023
Occupancy Date 11/01/2023

REDUCED PRICE Medical Office Bldg | 8.5 CAP

Marketing description

Turnkey Opportunity for Dental or Medical Users

This fully built-out dental office, currently leased, is a turnkey medical office perfect for a medical user or investor. While the current lease is active, long-term renewal is uncertain, creating a prime opportunity for a new owner-user or investor seeking a highly functional medical office in a strategic corridor.

Highlights:

• 3,352 SF Freestanding Medical Dental Office

• Thoughtfully Maintained Space – Ideal for Medical Office Use

  • Building was re-roofed in 2025 with 25 year shingles

• Excellent Frontage on New Warrington Road with High Visibility

• Surrounded by National Retailers and Dense Residential POP

• Easily Re-Tenantable for Dental, Medical, or Professional Office

This is a unique opportunity to acquire a high-utility building at a competitive return with the flexibility to reposition as needed

This excellent investment property at 901 New Warrington Road offers a stable income stream with an established gross lease tenant in place. Currently leased to Dentist office, the building has 2+ remaining on a 5-year lease, with renewal options available.

Investment highlights

Well Maintained Medical Dental Office
  • Key Position Surrouded by a Dense Population Base

  • Close to the Downtown Core, Midtown, and Westside of Pensacola

  • Key Location along travel location, bus line, and dense population base

  • Generous Parking Lot – Ensures easy access for patients and staff

  • Functional & Well-Appointed Layout:

  • Spacious Waiting Room with check-in window and built-in file storage

  • Sinked Exam Rooms with built-in cabinetry & natural light from large windows

  • Recessed Lighting & Professional Finishes – Carpet & tile flooring in wet areas

  • Dedicated Lab Area & File Room for efficiency

  • Full Kitchen & Break Room + Washer & Dryer

  • Multiple Restrooms, Including One Full Bath & Locker Room

  • Attic Storage for Additional Space

  • Tenant in place with a Net Operating Income (NOI) of $34,218

Listing Contacts

DD
FL 3037624
NAI Pensacola
JG
FL 655630
NAI Pensacola
Listed by NAI Pensacola

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$34,218.00
$2,851.50/mo

Valuation Metrics

0
DSCR
8.55%
Cap Rate
8.55%
ROI

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