176 Commercial Parkway, Santa Rosa Beach, FL 32459

$815,000
Property Type: Commercial for Sale Status: Sold
Current Price: $875,000 List Date: 11/18/2020 Last Modified: 10/13/2024

Description

5,125 SF Flex Space, Light Industrial Building leased to Mediacom Southeast, LLC. The tenant has been a fixture at this location for the last 10 years. A new 5 year lease with additional 5 year option was executed on July 1, 2020 at today's market rates. This building is made up of a 2 story office space of approximately 3,000 SF as well as a 2 bay door warehouse space. The office portion consists of 8 offices, open workspace, conference room, kitchen / breakroom and front lobby for customer service. The tenant has invested a tremendous amount of capital building a Fiber Optic Central Station inside the warehouse. This is a private, secured area with multiple HVAC units and large generator serving this room......

More Information MLS# 859480

None

Current Price: $815,000

Status Change Info

Status: Sold Under Contract Date: 2020-11-21 Sold Date: 2020-12-21 Sold Price: $815,000

Contract Info

GCCMLS Number: 30667477 List Date: 2020-11-18 List Price: $875,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 16 - North Santa Rosa Beach Street #: 176 Street Name: Commercial Parkway State: FL Zip Code: 32459 County: Walton Parcel ID: 30-2S-20-33500-000-0130

General Property Info

Listed on GCCMLS: Yes Vacant: No Immediate Occupancy: No

Income Producing

Year Built: 2004 Net Operating Income: 61500 Cap Rate: 7 Property Type: Industrial

Industrial

# Ground Level Doors: 2 Building SqFt: 5125 Property Type: Flex Space

Property Features

Class: Income Producing; Industrial Construction Status: Existing
Listing Office: Taylor Allen Properties LLC
Last Updated: October - 13 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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