5 East Fairfield Drive - 10% Price Reduction

Industrial for Sale
Catylist Listing ID: 30208995
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution
Building Size (RSF): 6,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.66 Acres
Sale Price: $315,000
Unit Price: $52.50 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/30/2018

Overview / Comments

This 6,000 SF warehouse property is suitable for a wide variety of uses. The property consists of 2 parcels that total .66 acres and features a fenced in lay down yard. The property is currently occupied by Stones of Pensacola who has occupied this location since 2010 and has a signed lease through the year 2021. The tenant currently pays $2,550.40/month as a modified gross lease. This property can be sold as an investment or as vacant for an owner-user.

6,000 SF Warehouse Property on East Fairfield Drive


Located on a high-traffic east-west corridor with excellent visability ( AADT Traffic count on East Fairfield Drive is 34,500)

Suitable for wide variety of users

Investment Opportunity (tenant has operated out of this location for 8+ years)

Please call for showing instructions.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 042S305002001002
Zoning: C-3
Site Description: The property is located on East Fairfield Drive approximately 1/2 mile to the west of Interstate-110 and just to the east of the lighted intersection of East Fairfield Drive & North Palafox Street. AADT Traffic count on East Fairfield Drive is 34,500 and the AADT traffic count on the cross street of North Palafox is 12,800
Tenancy: Single Tenant
Property Condition: Fair
Year Built: 1979

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,493 78,664 163,904
Median Age: 35.8 37.95 38.5
Households: 3,000 31,237 66,791


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