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Fleetpride 7481 N Palafox St 6,500 SF 100% Leased Industrial Building Pensacola, FL 32503 $687,823 ($105.82/SF) 6.86% Cap Rate
INVESTMENT HIGHLIGHTS
- Premier National Tenant – FleetPride is the nation’s largest independent distributor of aftermarket heavy-duty truck and trailer parts and services
- Recently Extended Lease – FleetPride recently extended their lease for 3 additional years, showing their continued commitment to the location
- Strategic Growth Location – The property is situated at the corner of N Palafox St and Interstate-10, which is currently undergoing a major expansion
- Functional Facility - The property features ±6,500 of building space on ±1.97 AC (±7.57% Coverage)
EXECUTIVE SUMMARY
Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
| Price | $687,823 | Building Class | C |
| Price Per SF | $105.82 | Lot Size | 1.97 AC |
| Sale Type | Investment | Rentable Building Area | 6,500 SF |
| Cap Rate | 6.86% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2005 |
| Property Subtype | Distribution | ||
| Zoning | HC/LI - Heavy Commercial/Light Industrial | ||
| Price | $687,823 |
| Price Per SF | $105.82 |
| Sale Type | Investment |
| Cap Rate | 6.86% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 1.97 AC |
| Rentable Building Area | 6,500 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Zoning | HC/LI - Heavy Commercial/Light Industrial |
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PROPERTY TAXES
| Parcel Number | 21-1S-30-1101-007-029 | Improvements Assessment | $314,977 |
| Land Assessment | $73,000 | Total Assessment | $387,977 |
PROPERTY TAXES
Parcel Number
21-1S-30-1101-007-029
Land Assessment
$73,000
Improvements Assessment
$314,977
Total Assessment
$387,977
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Fleetpride | 7481 N Palafox St
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