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- LoopNet Team
5660 John Givens Rd
Crestview, FL 32539
Specialty Property For Sale
·
39,144 SF
INVESTMENT HIGHLIGHTS
- 38,500 Square Foot Office Environment for large volume call centers
- Building has a long history (initial lease executed in 2002) with these tenants
- 7.43 Acres located in north Crestview adjacent to Bob Sikes Airport
- Offering price of 9% CAP based on new lease renewal which will extend lease until July 31, 2023
PROPERTY FACTS
| Property Type | Specialty | Building Size | 39,144 SF |
| Property Subtype | School | No. Stories | 1 |
| Building Class | B | Year Built | 1987 |
| Lot Size | 7.43 AC | ||
| Zoning | I-1 - Industrial | ||
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | B |
| Lot Size | 7.43 AC |
| Building Size | 39,144 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Zoning | I-1 - Industrial |
ABOUT 5660 JOHN GIVENS RD , CRESTVIEW, FL 32539
38,500 SF building has been leased to the same entities for the last 18 years. A new lease renewal will extend this agreement until September 30, 2023. Per the renewal, the annual net rent is $325,325. The building is leased to IQOR (occupies 2/3) and ASURION (occupies 1/3). Both entities operate a large volume call centers and employ roughly 500 people. The facility has 3 large cubicle areas (north, central, south) along with common break rooms for both companies. Additionally, there are 4 large training rooms and multiple banks of restrooms scattered throughout. IQOR employs a facilities director to maintain a very clean & professional work environment for its large staff.
PROPERTY TAXES
| Parcel Number | 03-3N-23-0000-0001-0030 | Improvements Assessment | $1,770,255 |
| Land Assessment | $253,000 | Total Assessment | $2,023,255 |
PROPERTY TAXES
