Global Military Marketing Building
Closed1288 Country Club Rd, Gulf Breeze, FL 32563
Property type
Office
Building size
Rentable area
4,500 SF
Year built
2001
Year renovated
Property class
A
Occupancy
Zoning code
Lot size
0.62 Acres
Sold/status
Sold · Date unknown
Sale price
$985000
CAP
7.81%
Property description
Franklin Street is pleased to present the Global Military Marketing Building, a 4,500-square-foot office property located at 1288 Country Club Road in Gulf Breeze, Florida. Built in 2001 and fully occupied, the building is situated on 0.62 acres with excellent visibility and surface parking for 18 vehicles. The tenant, Global Military Marketing, has successfully operated out of this location since 2001, demonstrating long-term loyalty and commitment to the site. The property is leased to a long-term tenant on a modified gross basis, providing investors with limited landlord responsibilities and stable, predictable income. Current rental rates are below market, creating future upside at renewal or upon re-tenanting. Additionally, there is flexibility to transition the lease structure from gross to triple-net (NNN), further reducing landlord obligations and enhancing cash flow stability. Gulf Breeze’s affluent demographics and coastal location further strengthen the investment’s long-term fundamentals.
Property highlights
- Well Maintained Asset with Recent Capital Improvements
- Brand New HVAC
- New Roof in 2018
- Parking Lot Resurfaced in 2024
- Landscaping Improvements in 2024
- Prime Location
- Gulf Breeze, part of the Pensacola MSA
- Direct access to Gulf Breeze Pkwy (40,500 VPD) and Pensacola Bay Bridge
- Affluent area with $125K+ avg household income
- 15% projected 5-year population growth within one mile
- Property Features
- 4,500 SF on 0.62 acres
- 18 surface spaces (4.67/1,000 SF)
- Excellent visibility and access
- Value Add Potential
- Long-term tenant with limited landlord obligations
- Below-market rent with upside potential
- Option to convert to NNN at renewal