Fully Leased NNN Industrial Investment 7% Cap Rate

Industrial for Sale
Catylist Listing ID: 30799555
Property Subtypes: Free-Standing, Manufacturing, Warehouse/Distribution, Other
Building Size (RSF): 39,863 SF
Gross Building Area: See Agent
Gross Land Area: 1.70 Acres
Sale Price: $2,534,680
Unit Price: $63.58 PSF
Ceiling: 14 ft.
Docks/Doors: 5 Docks
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Fully Leased NNN Industrial Investment 7% Cap Rate
Sale Terms: Cash to Seller, Other
Cap Rate: 7.5%
Last Updated: 5/19/2022

Overview / Comments

100% Leased NNN Investment Property with two Strong Tenants with multiple locations

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Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 161N311000019005
Zoning: IND
Property Located Between: Muskogee & Webb
Site Description: In Cantonment FL adjacent to International Paper
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1978
Year Renovated: 2021
Lot Frontage: 765
Lot Depth: 456

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 989 8,361 33,252
Median Age: 33.99 38.12 40.3
Households: 374 2,982 12,587

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