Industrial Investment Opportunity on Davis Hwy

Industrial for Sale
Catylist Listing ID: 30433426
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Other
Building Size (RSF): 17,110 SF
Gross Building Area: See Agent
Sale Price: $956,147
Unit Price: $55.88 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Undisclosed
Cap Rate: 8.5%
Last Updated: 6/11/2019

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.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 052S304004000001
Zoning: C-3

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,910 80,823 166,718
Median Age: 40.81 38.12 38.01
Households: 3,023 32,453 68,066


Photograph of Listing Agent

Thomas V McVoy

Beck Partners CRE, LLC Gulf Coast CMLS Member
Photograph of Listing Agent

Stacy Taylor, CCIM

Beck Partners CRE, LLC Gulf Coast CMLS Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.