5660 John Givens Road

    Crestview, FL 32539
    • $3,600,000
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: 842212
    $3,600,000
    • 0
      BEDS
    • 7.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    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 July 31, 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. The tenant is an international employer of over 17,000 employees world wide with gross sales of $843 million last year.

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    © 2020 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Classic Luxury Real Estate, LLC. Data last updated: 2020-04-01T00:00:43.5.
    www.liveandplayon30a.com/homes/103976873

    5660 John Givens Road Crestview, FL 32539

    • Price: $3,600,000
    • Status: Active
    • MLS #: 842212
    0
    Beds
    0
    Baths
    0
    ½ Baths
    7.43
    Acres
    Neighborhood:
    Crestview Area
    County:
    Okaloosa
    Area:
    Crestview Area
    Property Description
    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 July 31, 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. The tenant is an international employer of over 17,000 employees world wide with gross sales of $843 million last year.
    Interior Features

    Income Producing Building Sq Ft 38500 Income Producing Property Type Office Office Num Units 1

    Property Features

    As Is Yes Immediate Occupancy No Income Producing Cap Rate 9.04 Income Producing Net Operating Income 325325.00 Income Producing Year Built 1987 Listing Board Emerald Coast Property Name Iqor Vacant No

    Listing courtesy of Taylor Allen Properties Llc.


    © 2020 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Classic Luxury Real Estate, LLC. Data last updated: 2020-04-01T00:00:43.5.
     
    Classic Luxury Real Estate, LLC
    90 Spires Ln #10A
    Santa Rosa Beach FL, 32459