10,934 SF - 3 Acre Industrial Opp on Airport - Strong Retail Corridor

Retail-Commercial for Sale
Catylist Listing ID: 30864444
Property Subtypes: Free-Standing Building, Mixed Use, Service Station/Gas Station, Street Retail, Vehicle Related, Other
Building Size (RSF): 10,934 SF
Gross Building Area: See Agent
Sale Price: $3,675,000
Unit Price: $336.11 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/3/2024

Overview / Comments

Prime location & visibility with high traffic counts and great demographics. This 3 Acre - 10,934 SF industrial opportunity is in close proximity to Interstate 110 and 10, Pensacola International Airport, Sacred Heart Hospital, Pensacola Christian College, the newly constructed Baptist Hospital, Cordova Mall, The Home Depot and West Marine. This site is adjacent to The Blake which is an assisted living and retirement community.

This 3 acre - 10,934 SF industrial opportunity has been renovated and refreshed by the current owner/occupant. There is a 9,600 SF warehouse with 4 grade level doors; 2 - 13'H X 12'W and 2 - 10'H X 12'W, 5 offices, waiting room, IT room, restrooms for office as well as separate warehouse facilities.

There is an alarm system with multicamera coverage and display. There are 10 lifts and 1 drive on rack with alignment machine (these lifts are negotiable to covey with the Sale or Lease). New standby generator, new rotary air compressor, HVAC system, 3 Phase Power, and new LED lights for interior and exterior of the facility. The warehouse space has a center eave height of 14 feet. There is a 1,334 sf renovated stand-alone office building used for intake-outtake for the tow and wrecker service. The Remaining 2+ acres is used as a laydown yard and is fenced with 2 large sliding gates.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: 351S307210000000
Tax ID/APN: 351S307210000000
Retail Clientele: General, Business, Traveler, Tourist
Property Visibility: Excellent
Tenancy: Single Tenant
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,494 77,824 168,752
Median Age: 31.16 36.93 38.48
Households: 4,072 30,638 68,896


Photograph of Listing Agent

Chris Bouchard

SNS Realty, Inc. Gulf Coast CMLS Member
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