Industrial Investment Opportunity on Davis Hwy
|Catylist Listing ID:
Free-Standing, Manufacturing, Light Industrial, Other
|Building Size (RSF):
|Gross Building Area:
|Property Use Type:
||Net Leased Investment (NNN), Investment
Overview / Comments
Beck Partners is pleased to exclusively market for sale a single tenant, industrial sale/leaseback located in Pensacola, FL. The existing owner “Cabinets Direct” has been in the location since 2005 and has agreed to lease the property upon successful execution of a closing for seven years. It will be true triple net lease structure and the offering will included an 8.5% CAP rate. The building is well located just North of Fairfield Drive on Davis Highway in Pensacola, FL and has excellent visibility as well as tremendous access to I-10. The acquisition price of $956,000 makes this a very manageable fit for the investor seeking low risk, modest returns. This 17,110 SF industrial/showroom building has been very well maintained and features a very nice showroom area with updated office space. The building sits on .92 acres and is in excellent condition.
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