Marcus & Millichap Sells Retail Property In Pensacola For $2.9M
SOLD
$2,900,000
Florida
See Similar DealsRetail
Sold 07/06/2022
SOLD
Marcus & Millichap Sells Retail Property In Pensacola For $2.9M
5048 Bayou Boulevard, Pensacola, Florida 32503, United States
See Similar DealsRetail
Sold 07/06/2022
Summary
FLORIDA
Asset Type:Retail
Transaction Type:Sale
5048 Bayou Blvd in Pensacola has been sold for $2,900,000. The property is a retail asset located in the market of Pensacola. The sale took place on 07/06/2022 and was facilitated by Barry Wolfe and Alan Lipsky of Marcus & Millichap.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,900,000
- Address: 5048 Bayou Blvd, Pensacola
- Market: Pensacola
Barry Wolfe and Alan Lipsky, representing Marcus & Millichap, were the brokers involved in the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$154,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
Annual Debt Service$164,969.75
Is there something missing? Send suggestions