9,747SF of Warehouse Available Immediately w/Revenue Stream

Industrial for Sale
Sale Pending
Catylist Listing ID: 29918975
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Net Leased, Office Showroom, Warehouse/Distribution, Other
Status: Pending
Building Size (RSF): 16,547 SF
Gross Land Area: 1.12 Acres
Sale Price: $695,000
Unit Price: $42 PSF
Docks/Doors: 4 Docks, 4 Doors
Office SF: 2,480 SF
Drive In Bays: 1 Bay
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Usable Size (USF): 9,747 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/15/2018

Overview / Comments

Owner/Investment Opportunity. Buildings were extensively renovated in 2008 and is currently leased to two solid tenants. This is a great opportunity to acquire a net-leased investment.

This property consists of two buildings - 3601 N Palafox is 12,975 SF with 3,200 SF of the building leased. The second building, 3603 N Palafox is 3,572 SF is leased.

The larger building has 9,747 SF of clear span warehouse available for occupancy of tenant or owner

Please call agent to discuss further investment details of this property.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 052S301001001027
Zoning: HC/LI
Property Located Between: Palafox and Brent Lane
Site Description: Industrial/Retail
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1957
Year Renovated: 1975
Construction/Siding: Metal Siding
Zoning Description: Highway Commercial/Light Industrial
Lot Frontage: 221
Lot Depth: 222

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,493 83,733 165,312
Median Age: 35.8 38.07 38.56
Households: 3,000 33,130 67,501
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.