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2829 W Michigan Ave

Bilek Manor, Pensacola, FL



Total Size
12,780 sqft 
Year Constructed
Year Renovated
Building Class

About 2829 W Michigan Ave

Investment Property available with established tenants, including Family Dollar & PaPa John's

This newer retail center is located less than 1 mile east of Mobile Hwy/Michigan Ave. intersection, which boasts a traffic count of more than 30,000 cars per day Suite A & B with 2,280 SF is available for lease (no discount, consignment stores or bars)

Subject to verification and updates: Projected Rental and Operating Exp. Income $132,056 Less projected vacancy $10,849 Projected annual gross projected revenue - $121,207 Estimated annual expenses $14,462 ($1.13/SF) inc. RE taxes, Ins. and CAM NOI - $106,745

These calculations are based on rentals as of 1-1-14. All assumptions are based on available data. Profit and loss statements were provided by Owner. Market rents have been applied to the gross rental income along with the existing leases for the 2 occupied suites (Family Dollar and Papa John's), which account for 82% of the income. Expense figures are estimates than may vary slightly. - Number of buildings: 1 - Building condition: Excellent - Tenancy: Multiple Tenants

Companies at 2829 W Michigan Ave

Papa John's Pizza

Internet Providers for 2829 W Michigan Ave

Provider Technology Max Download Speed Max Upload Speed
Cox Communications Cable
1 Gb/s
25 Mb/s
Southern Light Fiber
100 Mb/s
100 Mb/s
AT&T Florida DSL
25 Mb/s
3 Mb/s

The Neighborhood: Bilek Manor

Median Rate Median Size
Bilek Manor

Median Rate over Time in Bilek Manor