Catylist ID:
#30856650
| Catylist Listing ID: | 30856650 |
| Property Subtypes: | Flex Space, Manufacturing, Light Industrial, Net Leased, Warehouse/Distribution |
| Building Size (RSF): | 40,536 SF |
| Gross Land Area: | 2.18 Acres |
| Sale Price: | $3,950,000 |
| Unit Price: | $97.44 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN), Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 11/15/2023 |
Overview / Comments
|
Have the best of both worlds with this industrial property - occupy as an owner, but also receive an income stream from stable tenants. This centrally-located property includes over 2 acres of land and is easily accessed from I-110 and other major roads in Pensacola. Zoning is C-3 in the City of Pensacola, which allows for a wide range of light industrial uses. There is over 25,000 sf of warehouse space available for immediate occupancy for your business. Two grade level doors and one dock-well door provide access to this unit. There are two offices and a restroom, as well. Three other tenants provide income for the owner of this property. A detailed rent roll is available upon request, but the annual income is over $133,000 per year. All leases are NNN and have 3% annual escalations. This property has received so many upgrades including either a new roof or new roof coatings, exterior paint, LED lighting, and a freshly sealed parking lot. Rear yard and front parking lot are fully gated. Please do not disturb any of the tenants. Showings must be scheduled in advance to provide notice to the current tenants. Contact Susan Carroll at 850-384-8292 or Jana Alarid at 850-529-6459 for more information or to schedule a showing. |
Attachments & Media
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Taxing Authority: | Escambia County |
| Tax ID/APN: | 000S009010001136 |
| Zoning: | C-3 |
| Highway Access: | Less than half a mile to I-110 and ten minutes to I-10 |
| Site Description: | Multi-tenant industrial complex |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 4 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 12,846 | 69,569 | 144,732 |
| Median Age: | 40.97 | 38.26 | 38.61 |
| Households: | 4,774 | 27,650 | 58,759 |
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