Industrial Warehouses and Land Investment

Industrial for Sale
Catylist Listing ID: 30868219
Property Subtypes: Cold Storage, Food Processing, Industrial-Business Park, Light Industrial, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 142,234 SF
Gross Land Area: 9.60 Acres
Sale Price: $24,900,000
Unit Price: $175.06 PSF
Ceiling: 20 ft.
Property Use Type: Investment
Building Name: Emerald Coast Finest Produce Company
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2024

Overview / Comments

Invest in this 100% leased out industrial warehouse complex. Consists of three buildings and over 9 acres of HC/LI zoned land next to the new hospital at I-110 and Brent Lane. Main warehouse building is 126,714 sq.ft. and built of concrete construction. The other two buildings are metal buildings with roll up door access and parking surrounding all buildings.

Strong tenants in place with long term leases. Call for details and rent roll. Invest in the best location in Pensacola.

Much future medical office space and medical related services to be built on adjacent sites.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 481S303101000001
Zoning: HC/LI
Property Located Between: Brent Lane and I-110
Highway Access: I-110
Airports: pensacola international airport
Site Description: Industrial warehouse, paved, and concrete surfaces
Area Description: Central Pensacola Business district
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Year Built: 1967
Year Renovated: 1990
Roof Type: Other
Construction/Siding: Concrete
Parking Type: Surface
Column Spacing: 40
Sprinklers: Wet
X-Phase: 3
Zoning Description: HC/LI
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,074 84,857 170,679
Median Age: 30.34 37.29 38.3
Households: 2,360 33,469 70,074


Photograph of Listing Agent

David P Wu

Alliance Real Estate
Gulf Coast CMLS Member
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