5749 John Givens Road

    Crestview, FL 32539
    • $330,000
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: 841723
    UPDATED: 67 min ago
    $330,000
    • 0
      BEDS
    • 2.9
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Gated 2550 SF office / warehouse building that is fully heated & cooled. This property is located within the Okaloosa Air Industrial Park in North Crestview, FL. The building is made up of a warm reception area, 5 windowed offices and approximately 1,000 SF shipping / receiving area with roll up door on the west side of the building. The parcel is 2.9 acres with easy access from John Givens Road. The parking area is oyster shell pavement. An existing triple net lease is in place until July 31, 2023 with Mid-South Steam Boiler Engineering Co., Inc. even though they currently have vacated the facility. The current net rent is $28,119 annually. The lease rate escalates 3% annually.

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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: 2020-04-09T07:59:30.137.
    www.liveandplayon30a.com/homes/103771151

    5749 John Givens Road Crestview, FL 32539

    • Price: $330,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 841723
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.9
    Acres
    Neighborhood:
    Crestview Area
    County:
    Okaloosa
    Area:
    Crestview Area
    Property Description
    Gated 2550 SF office / warehouse building that is fully heated & cooled. This property is located within the Okaloosa Air Industrial Park in North Crestview, FL. The building is made up of a warm reception area, 5 windowed offices and approximately 1,000 SF shipping / receiving area with roll up door on the west side of the building. The parcel is 2.9 acres with easy access from John Givens Road. The parking area is oyster shell pavement. An existing triple net lease is in place until July 31, 2023 with Mid-South Steam Boiler Engineering Co., Inc. even though they currently have vacated the facility. The current net rent is $28,119 annually. The lease rate escalates 3% annually.
    Exterior Features

    Industrial Ground Level Doors 1

    Interior Features

    Income Producing Building Sq Ft 2550 Income Producing Property Type Industrial

    Property Features

    As Is Yes Immediate Occupancy No Income Producing Cap Rate 8.52 Income Producing Net Operating Income 28119.00 Industrial Cap Rate 8.52 Industrial Property Type Flex Space Listing Board Emerald Coast Vacant No Zoning Industrial

    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: 2020-04-09T07:59:30.137.
     
    Classic Luxury Real Estate, LLC
    90 Spires Ln #10A
    Santa Rosa Beach FL, 32459