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4501-4551 Davis Hwy
Pensacola, FL 32503 Southeast Pensacola

$10,734,523 USD

Medical For Sale  •  80,609 SF

Property Details

  • Property Type Medical
  • Total Building Size 31,633 SF
  • Lot Size 0.05 AC
  • Building Class A
  • Year Built 1989
  • Cap Rate 6.50 %
  • Tenancy Multiple
  • Zoning C-3
30 Transit Score
50 Walk Score

Highlights

Modified net lease with 3% annual rent increases providing predictable income growth
Recently extended lease through May 2031 with annual increases doubled from 1.5% to 3.0%
~$500K in recent ownership capital improvements, reducing near-term CapEx exposure
~$800K invested by Ascension in recent interior renovations, reinforcing commitment to the location
Mission-critical ±31,600 SF orthopedic campus with 48 exam rooms and nearly 30 providers
Located in Pensacola’s primary medical corridor, less than two miles from Ascension Sacred Heart and Baptist hospitals
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Andrew Charles Gygi Jr.
Ascension

Amenities

  • 24 Hour Access
  • Bus Line
  • Signage

Public Transportation

AirportDriveWalkDistance
Pensacola International 9 min - 3.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 350
Type: Surface
Included in Rent: Yes
Jake Allen 954-295-4534 Matthews™
Jake Allen 954-295-4534 Matthews™