Industrial Investment Property for Sale

Industrial for Sale
Catylist Listing ID: 30863096
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 5,000 SF
Gross Land Area: 0.58 Acres
Sale Price: $505,000
Unit Price: $101 PSF
Property Use Type: Investment
Usable Size (USF): 5,000 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/16/2024

Overview / Comments

Nice 5000 SF warehouse in the Olive Road Industrial Park. Two large roll up doors in the front, small office area, Leased to Gulf Coast Cabinetry with 2+ years remaining on initial lease term. Tenant has two options of 3 years each with 3% annual increases.

Call agent for lease details and arrange showing.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 211S302101005052
Zoning: HC/LI
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,000 SF
Property Condition: Good
Year Built: 2000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,922 67,676 154,725
Median Age: 32.51 36.48 38.1
Households: 4,043 26,910 61,669

Contact

Photograph of Listing Agent

Andy Terhaar

Neal & Company, LLC Gulf Coast CMLS Member
Photograph of Listing Agent

Thomas Edward Cronley

Neal & Company, LLC Gulf Coast CMLS Member
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