Catylist ID:
#30835546
Net Income Climate Controlled Warehouse
Industrial
for Sale
Also listed as Office
| Catylist Listing ID: | 30835546 |
| Property Subtypes: | Flex Space, Light Industrial, Net Leased, Research & Development, Warehouse/Distribution |
| Building Size (RSF): | 5,000 SF |
| Gross Land Area: | 0.88 - 1.80 Acres |
| Sale Price: | $800,000 |
| Unit Price: | $160 PSF |
| Ceiling: | 16 ft. / 12 ft. Clear |
| Office SF: | 1,700 SF |
| Drive In Bays: | 1 Bay |
| Property Use Type: | Net Leased Investment (NNN) |
| Building Name: | 89 Hood Dr. Climate Control |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 8.0% |
| Average Occupancy Rate: | 100 |
| Last Updated: | 9/22/2023 |
Overview / Comments
|
100% Leased until 2025. 8% CAP. Climate Control Warehouse with private offices and reception area of Approx 1700 SF. Remainder of space encompasses Warehouse portion. In excellent condition and features Warehouse Mngr's office, Kitchen area, storage, and Crew bath and Shower. Automatic roll up door of 14'X12'. The front office has 2 executive office spaces with 2 adjoining bathrooms. The property abuts a 3+/- Acre, deep stormwater retention basin, fully fenced off. Parking at Office frontage. Beyond automated front gate is truck parking field, large truck accessible. Laydown yard with ease of access, two gated points of Ingress/Egress off of Hood Drive & Caro Street. Contiguous 1+ Ac is an available Assemblage offering expanded Laydown and direct access to North Palafox Hwy. with additional Office & storage Property also Available For Sale/Lease. |
Current Tenants
| Is Renting? | Yes |
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Taxing Authority: | Escambia County, FL |
| Tax ID/APN: | 111S301101090280 |
| Zoning: | HC/LI HEAVY COMMERCIAL AND LIGHT INDUSTRIAL SEC. 3-2.11 |
| Property Located Between: | Pensacola Blvd Hwy 98 and North Palafox Hwy |
| Highway Access: | Immediate to Higheway 29 and Nine Mile Road Hwy 90 and Interstate 10 |
| Site Description: | More than an Acre of laydown yard available |
| Area Description: | Ensley core commercial area located between Nine Mile Road Hwy 90 and Interstate 10 |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 5,000 SF |
| Property Condition: | Excellent |
| Year Built: | 2008 |
| Year Renovated: | 2008 |
| Construction/Siding: | Brick |
| Parking Type: | Surface |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Package Unit |
| Interior Description: | Open Warehouse space in Excellent condition. Sealed Flooring. |
| Zoning Description: | County Zoning HC/LI Heavy Commercial and Light Industrial Sec. 3-2.11 |
| Lot Frontage: | 80+' |
| Lot Depth: | 296' |
| Legal Description: | Escambia County Property Appraiser 111S301101090280 - Full Legal Description BEG AT INTER OF S LI OF LT 28 AND E R/W LI OF NEW LOCATION OF ST RD NO 95 S 88 DEG 3 MIN E ALG S LI OF LT 894 21/100 FT FOR POB CONT SAME COURSE 80 79/100 FT N 01 DEG 57 MIN E 140 FT N 88 DEG 3 MIN W 80 79/100 FT S 1 DEG 57 MIN W 140 FT TO POB PART OF LT 28 S/D PLAT DB 102 P 487 OR 7173 P 1969 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,155 | 51,565 | 119,373 |
| Median Age: | 39.47 | 39.46 | 37.93 |
| Households: | 2,391 | 21,376 | 47,116 |
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