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

$315,000.00

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

View FullscreenMap

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

Contact

© Copyright 2001-2018 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.