5043 Bayou Blvd, Pensacola, FL 32503

High-Yield Mixed-Use Investment | Government Tenancy + Billboard Income | 7.05% Cap

5043 Bayou Blvd presents a rare opportunity to acquire a stabilized, income-producing asset anchored by a combination of federal government tenants, NNN leases, and a separately leased billboard income stream.

The property benefits from a diversified and durable rent roll, including U.S. Army / Navy tenancy, service-based retail, and long-term land lease income from an outdoor advertising operator. This unique structure creates multiple income layers with built-in resilience and minimal management burden.

A standout feature of the asset is the billboard lease, delivering $45,000 annually with CPI-based increases every five years and a long-term contractual structure extending beyond 40 years. This provides a highly attractive, inflation-protected revenue stream independent of the building occupancy.

The remaining tenancy includes a blend of NNN leases with annual escalations and government-backed income, offering strong credit quality and predictable cash flow.

With an in-place cap rate of 7.05% and approximately $50,000 in annual operating expenses, the asset delivers immediate yield with upside through contractual rent increases.

📌 Investment Highlights

• 6.99% In-Place Cap Rate
• Diversified Income Stream (Government + NNN + Billboard)
• $45,000 Annual Billboard Income inc
• CPI-Based Billboard Escalations (Every 5 Years)
• Long-Term Billboard Control (40+ Years Effective Term)
• Federal Government Tenancy (Stable / Creditworthy)
• Low Expense Profile (~$50K Annually)
• Built-In Rent Increases Across Tenants
• Minimal Landlord Responsibilities (NNN + Govt Structure)