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29304522
29304530

5401 Corporate Woods Dr, Pensacola, FL 32504

DN
FL 000085472
Neal & Company
Listed by Neal & Company
$27,500,000
144 days on market
Updated 87 days ago

Corporate Woods Office Park

Details
Property Type Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 116,634
Net Rentable (SqFt) 116,634
Occupancy 85.8%
Tenancy Multi
Lease Type NNN
Price per SqFt $236
Class A
Year Built 1985
Buildings 3
Stories 1
Zoning R-2
Investment Type Net Lease
Occupancy Date 01/01/2026
Ownership Corporate Woods Six, LLC.

Pensacola's Premier Suburban Office Park

Marketing description

Pensacola's Premier suburban office park is now available for purchase. Corporate Woods Office Park is perfectly located in the Cordova trade area between Pensacola International Airport, Cordova Mall, Ascension/Sacred Heart Hospital, Pensacola State College as well as the medical, retail and financial center of the Pensacola MSA. The property features the following attributes;

Buildings/Addresses (Offered as One Portfolio)

- Building I: 5401 Corporate Woods Drive

- Building II: 2190 Airport Blvd

- Building III: 2114 Airport Blvd

Occupancy: 91.1% leased (Dec 2025)

Projected Occupancy: 85.8% leased (Jan 2026)

- 116,634 +/- SF of multi-tenant buildings

- 2026 Net Income of $1,712,213

- 11.15 +/- acre site with over 600 feet of frontage on busy Airport Blvd, plus frontage on College Blvd and Corporate Woods Dr.

- 85% medical office or medical-related tenants

- Professionally owned and managed with true NNN leases in place

-Tilt-wall concrete construction with floor to ceiling windows

- 10% +/- Historical vacancy rate (14% +/- currently)

- Barriers to new office building construction due to scarcity of vacant land and elevated costs. (1,000,000 +/- per AC)

- Highest quality Office Park in market

Investment highlights

- 116,634 +/- SF of multi-tenant buildings

- 2026 Net Income of $1,712,213

- 11.15 +/- acre site with over 600 feet of frontage on busy Airport Blvd, plus frontage on College Blvd and Corporate Woods Dr.

- 85% medical office or medical-related tenants

- Professionally owned and managed with true NNN leases in place

-Tilt-wall concrete construction with floor to ceiling windows

- 10% +/- Historical vacancy rate (14% +/- currently)

- Barriers to new office building construction due to scarcity of vacant land and elevated costs. (1,000,000 +/- per AC)

- Highest quality Office Park in market

Listing Contacts

DN
FL 000085472
Neal & Company
Listed by Neal & Company

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