For SaleAVAILABLE

1400 N. Palafox Street | Pensacola, FL 32501

Property FEATURESBuilding Size: ±14,900 SF

Land Size: ±1.38 Acres

Zoning: C-3

Parking: Surface covered parking field

Year Built: 1975

Property Highlights

Freestanding former medical laboratory offers:

» Large reception area and waiting room

» Numerous spacious labs and offices throughout

» Three (3) walk-in cold storage lockers

» Large open spaces

» Dock high loading platform with roll up door at rear receiving area

» Truck parking at Loading dock

E. LEE STREET

N. P

ALA

FOX

STREET

N. G

UILLEM

AR

D STR

EET

E. BLOUNT STREET

This highly visible, hard corner property is conveniently positioned with access to Interstate and major highways. Located near county and state services, the property offers viable opportunities for medical use and treatment.

The property is located near Pensacola’s North Hill Preservation District, fronting major U.S. Route Hwy 29 corridor, also known and recognizable in the market as Palafox St. This is a north–south US Hwy spanning from Baltimore, MD to the Subject Property in Pensacola, only a mile and a half from the Gulf Coast.

With immediate proximity to Interstate 110 and I-10, the location is convenient to the downtown business district of Pensacola and all surrounding well established and known residential areas. Structurally, the building is of reinforced frame, precast concrete.

Strengths

» Good corner visibility along Highway 29, major thoroughfare of Palafox Street

» Across Palafox from FDLE, Florida Department of Law Enforcement

» Immediate access to Interstate 110 and I-10

Opportunities

» Medical

» Institutional

» Multi-Tenant Lease

N. Palafox Street

SUBJECT

29

29

29

W. Lee Street

W. Blount Street

W. Moreno Street

W. Avery Street

N. Palafox Street

N. Guillemard Street

N. Tarragona Street

E. Lloyd Street

E. Brainerd Street

E. Gonzalez Street

N. Baylen Street

N. Spring Street

CONTACT

CBRE, Inc. | Licensed Real Estate Broker

© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

PHIL SHERRILLSenior Associate+1 850 696 8428Phil.Sherrill@cbre.com

2017 estimated demographics2017 Population: 8,865 53,060 119,255

% Population Growth Rate 2017 to 2022: 0.72% 0.78% 0.72%

Housing Units: 1,846 11,346 25,548

2017 Average Household Income: $52,782 $56,254 $56,422

Daytime Employment: 16,764 57,179 100,538

1 mile 3 miles 5 miles

SUBJECT

nas pensacola

pensacolainternational airport

Pensacola Bay

Escambia Bay

Perdido Bay