Office Warehouse
Cervantes St Industrial + Retail
1417 W Cervantes St, Pensacola, FL 32501
Listing Price: $1,350,000
Investment Overview
The Dunkle-Vartanian Group at Marcus & Millichap is pleased to present to qualified buyers the opportunity to acquire 1417 W Cervantes Street. The Subject Property consists of a 14,392 square foot building occupied by 4 tenants, 5 dock doors, and high ceilings. Located along W Cervantes St, a main road running through the region, the property is less than 1.5 miles away from I-110 connecting it to I-10 and other major east coast cities. Pensacola has seen a 11.8% annual increase in Industrial rents and a 5.0% annual increase in retail rents, offering ownership the ability to increase tenant rents and revenue.
Investment Highlights
- Highly accessible - 5 loading docks
- Multi-tenant building
- Recent renovations and capital improvements
- Below market retail rents.
- Opportunity to increase tenant rents.
- Ideally located near downtown and 1.5 miles from I-110.
- Situated on W Cervantes St seeing over 19,400 VPD.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,350,000
Investment Highlights
- Highly accessible - 5 loading docks
- Multi-tenant building
- Recent renovations and capital improvements
- Below market retail rents.
- Opportunity to increase tenant rents.
- Ideally located near downtown and 1.5 miles from I-110.
- Situated on W Cervantes St seeing over 19,400 VPD.
Investment Overview
The Dunkle-Vartanian Group at Marcus & Millichap is pleased to present to qualified buyers the opportunity to acquire 1417 W Cervantes Street. The Subject Property consists of a 14,392 square foot building occupied by 4 tenants, 5 dock doors, and high ceilings. Located along W Cervantes St, a main road running through the region, the property is less than 1.5 miles away from I-110 connecting it to I-10 and other major east coast cities. Pensacola has seen a 11.8% annual increase in Industrial rents and a 5.0% annual increase in retail rents, offering ownership the ability to increase tenant rents and revenue.
Exclusively Listed By
Broker of Record
Financing By

