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For Sale Commercial Real Estate Listings in Crestview, Florida

FOR SALE  Gold Listing $7,159,000 * Industrial * Crestview, Florida * Full Listing Excellent opportunity to acquire a safe, strong cash flow, single tenant investment property on the Florida panhandle in Crestview. The facility was built in 2003 and expanded by 12,314 sq ft in 2006 for a total of 59,086 sq ft. The building and parking spaces were expanded at the request of the tenant. Included in the building is 3,313 sq ft of office space. The property has an amended initial lease term that runs through August 31, 2016 and has two 5-year renewal options, through August 31, 2026. With a current net operating income of $519,096 this investment yields a strong 7.25% cap rate. The property’s tenant has a BBB Standard & Poor Rating and a 2007 sales of $6.04 Billion. FedEd Ground is a unit of the air express giant, FedEx. This section of the company provides service to every business address in the United States, Canada, and Puerto Rico. This division operates a fleet of about 20,000 vehicles that ship over 3.5 million shipments per day from about 30 hubs. The... [ Loan Quote for this Property ]     [ Find a Broker ]     [ Advanced Search ]

For Lease Commercial Real Estate Listings

There are currently no for lease listings in this city.

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