Single Tenant Warehouse Investment
Industrial
for Sale
| Catylist Listing ID: |
30862494 |
| Property Subtypes: |
Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution, Other
|
| Building Size (RSF): |
26,886 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.16 Acres
|
| Sale Price: |
$1,470,000 |
| Unit Price: |
$54.68 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/25/2024 |
Overview / Comments
Large, open-span warehouse near downtown Pensacola leased to Fortified Building Products (neighboring property owner) Current term expires 6/30/25 and tenant has two(2) 2 Year Options. Current rent is $114,266/YR NN. Next year rent is $134,430/YR. Rental rate is below market. Building features sprinkler system, covered loading platform and 1200 Amp, 3 phase electrical service.
Please call agent to arrange showing.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Tax ID/APN: |
000S009080001131 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,265 |
60,812 |
134,861 |
| Median Age: |
38.32 |
37.55 |
37.55 |
| Households: |
2,737 |
24,470 |
51,590 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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