Value-Add Industrial Building For Sale

Industrial for Sale
Catylist Listing ID: 30750568
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Sale Price: $510,000
Unit Price: $63.75 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/17/2021

Overview / Comments

Beck Partners CRE is pleased to present an excellent opportunity to purchase a Value-Add Industrial Building located in Fort Walton Beach, FL. The property is located just off Racetrack Rd and is surrounded by several other industrial/warehouse users. The building itself is 8,000 SF of office/warehouse space. The front of the building is an office space with 1 restroom inside & 1 restroom in the warehouse area, kitchen/break area. The warehouse has 4 - 12' ground level roll up doors. The property is located close to both Hurlburt Field Air Force Base & Eglin Air Force Base.

Industrial Investment Sale
3 years remaining on the current Tenant's lease.
Tenant paying below market $/sf
Zoned for Light Manufacturing

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 02-2S-24-0000-0076-0020

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,603 57,286 67,172
Median Age: 36.5 39.06 38.62
Households: 6,033 24,593 28,308

Contact

Photograph of Listing Agent

Thomas V McVoy

Beck Partners CRE, LLC
Not a member of TALrex.com
Photograph of Listing Agent

Shawn Maxey

Beck Partners CRE, LLC
TALrex.com Member
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