3500 Palafox St, Pensacola, FL 32505
48,553 SF | 60% Leased | Flex Building | Pensacola, FL 32505 | $3,350,000 ($69/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,350,000
- Property Type
-
Industrial
- Price / Square Foot
- $69
Listing Contacts
Kylle Shoemaker
Verified Profile
- Property Info
Property Overview
Investment opportunity at a strategically positioned property located just off the Fairfield exit to I-110 in Pensacola, FL. This 48,553 SF facility comprises 8 buildings, offering a compelling mix of income-generating assets, with great potential for upside:
Flex Buildings:
Over 95% leased with a diverse tenant base including industries like flooring, general construction, pest control, and paper supply.
Anchor tenant Jones Flooring recently signed a long-term lease, ensuring stability and consistent rental income.
Storage Facility:
Featuring 127 self-storage units, currently 6 units occupied with significant upside potential.
Previous owner usage for inventory storage presents a unique opportunity to increase occupancy and capture market rents.
Contact broker for Rent Roll
Flex Buildings:
Over 95% leased with a diverse tenant base including industries like flooring, general construction, pest control, and paper supply.
Anchor tenant Jones Flooring recently signed a long-term lease, ensuring stability and consistent rental income.
Storage Facility:
Featuring 127 self-storage units, currently 6 units occupied with significant upside potential.
Previous owner usage for inventory storage presents a unique opportunity to increase occupancy and capture market rents.
Contact broker for Rent Roll
Property Details
- Class
- B
- Year Built
- 1994
- Stories
- 1
- Property Subtype
- Flex, Showroom
- Lot Size (sq. ft)
- 131,987 SF
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