Investment Offering - 5030 Commerce Park Circle
|Catylist Listing ID:
Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution
|Building Size (RSF):
|Gross Land Area:
|Property Use Type:
||Cash to Seller
Overview / Comments
The site is improved with an excellent quality, one story manufacturing warehouse and office facility. The building contains 35,430 SF, divided into two tenant spaces. Unit A, located on the east side of the building is comprised of 2,766 SF of office space and 14,649 SF of warehouse space. Unit B, located on the west side of the building is 3,408 SF of office space and 14,607 SF warehouse space. The manufacturing spaces are open work areas with a 20 FT eave height. These areas are clear span construction, however there are seven columns spaced along the center of the warehouse areas that add support to the the steel framing along the bays. Fenced in laydown yard. *7% cap rate from NOI. Seller financing available to qualified buyers.
Attachments & Media
||Pensacola International Airport
||5,100 SY of asphalt paving
82 marked parking spots with concrete car stops
chain link fencing around rear of site
gravel paved outside storage area
wood privacy fencing
||The subject property is located within Marcus Pointe Commerce Park. The commerce park was developed in 1992 by Escambia County to attract businesses that would provide jobs for the community. The subject land was acquired in November of 1996. Marcus Pointe lies 0.5 miles west of “W” Street and approximately one mile west of Pensacola Blvd (US29) and “Car City”. This is approximately two miles southwest of I-10 and about six miles northwest of downtown Pensacola.
The west portion of Marcus Pointe is developed as an upscale single family residential subdivision centered around a golf course and country club.
The eastern most portion is developed as a business and light industrial park, Marcus Pointe Commerce Park. The park is one of the most attractive of its type in Pensacola. Although metal buildings are allowed, construction includes brick and other better quality materials.
||82 marked parking spots with concrete car stops
|Total Parking Spaces:
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