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.