Catylist ID: #30826951
Fully Leased Industrial Investment
Industrial for Sale
|Catylist Listing ID:||30826951|
|Property Subtypes:||Net Leased|
|Building Size (RSF):||14,392 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.67 Acres|
|Unit Price:||$93.80 PSF|
|In Opportunity Zone?||Yes|
|Property Use Type:||Net Leased Investment (NNN), Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
Investment property offered at an 8% cap rate!
The complex is a multi-tenant building which includes two parcels totalling .67 acres. With over 14,000 total square feet, there are 7 roll up doors, two of which are dock high.
Tenants include a retail/thrift store, a storm shutter company, a car restoration business, and a pool cleaning and supply company. Many upgrades have been recently made including a new metal roof and skylights in 2022, interior and exterior painting, and LED lighting.
The property is close to downtown Pensacola and has easy access to I-110, connecting to I-10.
Neighboring properties include a mix of retail, light industrial and multifamily residential properties. Zoning is C-1 and C-3 in the City of Pensacola. Property is located in an Opportunity Zone.
Please contact the listing agents to schedule a site visit in order to avoid disturbing the tenants.
|Nearest MSA:||Pensacola-Ferry Pass-Brent|
|Tax ID/APN:||000S009060007076 and 000S009060005076|
|Zoning:||C-1 AND C-3|
|Highway Access:||1.5 miles to I-110|
|Parking Description:||Paved parking is along the front and west side of the buildings. Additional parking is available in the unpaved portion of the property on the east side.|
|Zoning Description:||C-1 and C-3 zoning. See letter from City of Pensacola for additional information.|
Driving Directions / Aerial Imagery:
Bird's Eye View | Google Maps | Google Street View
|Proximity:||1 mile||3 miles||5 miles|
Susan CarrollColdwell Banker Commercial Realty Gulf Coast CMLS Member
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