5030 COMMERCE PARK CIRPENSACOLA FL 32505
Investment Opportunity- Two long term tenants in place with an annual NOI of $161,267.88 The site is improved with an excellent quality, one story manufacturing warehouse and office facility. The building contains 35,430 SF, divided into two tenant spaces. Unit A, located on the east side of the building is comprised of 2,766 SF of office space and 14,649 SF of warehouse space. Unit B, located on the west side of the building is 3,408 SF of office space and 14,607 SF warehouse space. The manufacturing spaces are open work areas with a 20 FT eave height. These areas are clear span construction, however there are seven columns spaced along the center of the warehouse areas that add support to the the steel framing along the bays. Fenced in laydown yard. *7.46% cap rate from NOI.
Updated: Friday, Apr 20 2018
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5030 COMMERCE PARK CIR