Office Building For Sale in Pensacola for $8,280,000

$8,280,000.00
Call Now for More Information:
1-352-237-2222

Description

Pensacola, Florida · 57,000 SF · Office Building For Sale

 

Alorica Business Solutions

Price $8,280,000 Cap Rate 9.75%
Building Size 57,000 SF No. Stories 1
Price/SF $145.26 Building Class B
Property Type Office Tenancy Single
Property Sub-type Office Building Lot Size 13.74 AC
Property Use Type Net Lease Investment with 5 years left on lease

 

Description of Pensacola Investment Property

This is an offer for sale to qualified investors this +/-57,000 square-foot office and call center facility located at 5031 Commerce Park Drive in Pensacola, Florida (the Property ), leased to Alorica Business Solutions, LLC (the Tenant ) – a wholly owned subsidiary of Alorica, Inc. (the Parent ). Internal performance measures rank this operation in the top 20th percentile (20%) out of nearly 147 operations worldwide, of which, Alorica has a lease retention rate of over 90%. The Property’ s operation employs over 1,100 and has been at this location since 1995.

The Pensacola Metropolitan Statistical Area (MSA) encompasses a population base of more than 480,000 residents. With more than 201,000 employed workers, this area holds strategic advantages associated with its network of domestic and international trade. The greater Pensacola Region is known for its exceptional higher education system and favorable business climate, which includes an outstanding, highly skilled workforce, available buildings and industrial parks and sites, and progressive pro-business public and private leadership.

Most notably, Northwest Florida is home to a significant concentration of Air Force and Navy installations, including Naval Air Station Pensacola, Naval Air Station Whiting Field, Naval Support Activity Panama City, Eglin Air Force Base, Hurlburt Field, and Tyndall Air Force Base. It is estimated that Department of Defense spending accounts for 178,000 jobs in Northwest Florida, with 43,000 military and 19,000 personnel employed at the region’ s military installations.

Highlights

  • 90% lease Retention Rate Worldwide
  • Top 20% Best Performing Tenant Location
  • Massive 13.7 Acre Site With Expansion Capabilities
  • +/- $2.4 Billion Revenue Parent
  • Highest Parking Ratio in MSA (11.75:1,000 SF)
  • Passive Double Net (NN) Lease

Contact us for Commercial Properties For Sale in Florida.

O’Reilly Commercial Realty LLC
Patrick O’Reilly
Phone: (352) 237-2222
Email: OreillyCommercialRE@gmail.com

5031 Commerce Park Cir, Pensacola, FL 32505 (Escambia County)

Listing information courtesy of Stan Johnson Company. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.

Property ID 377946

Area of Florida

Location

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