Warehouse for sale Located in Washington County on 12.92 acres of land with 2 buildings, a 32,000 SF warehouse building and a 1,983 SF office space is net leased to WestPointe Home, a division of Ichan Industries.
The Story:
The below market rate lease term runs for approx. Lease ends in July 2026 great for owner occupied.
The warehouse has a 25 foot ceiling heights, 2 ground level roll up doors, 1 loading door with 4' truck well, concrete load stressed floors, metal roofing, and full fire suppression.
The property also has 220/240V, 3 phase power and City water/sewer, in an prime area for growth. Approx 7 Acres dry and high vacant land to construct on.
Strategically located within the Chipley Industrial Park, within 3 miles to Interstate 10, this building provides an optimal position to service.
Quick Access to Tallahassee, Pensacola, Montgomery, and Panama City MSA's. Constructed in 2007, the Chipley Warehouse includes a 1,983 SF office building built in 2005 and is in good condition.
CAP rate on current NOI is 6.01%.
Warehouse for sale Located in Washington County on 12.92 acres of land with 2 buildings, a 32,000 SF warehouse building and a 1,983 SF office space is net leased to WestPointe Home, a division of Ichan Industries.
The Story:
The below market rate lease term runs for approx. Lease ends in July 2026 great for owner occupied.
The warehouse has a 25 foot ceiling heights, 2 ground level roll up doors, 1 loading door with 4' truck well, concrete load stressed floors, metal roofing, and full fire suppression.
The property also has 220/240V, 3 phase power and City water/sewer, in an prime area for growth. Approx 7 Acres dry and high vacant land to construct on.
Strategically located within the Chipley Industrial Park, within 3 miles to Interstate 10, this building provides an optimal position to service.
Quick Access to Tallahassee, Pensacola, Montgomery, and Panama City MSA's. Constructed in 2007, the Chipley Warehouse includes a 1,983 SF office building built in 2005 and is in good condition.
CAP rate on current NOI is 6.01%.
Features
Building and Construction
Covered Spaces: 0.00
Flooring: Concrete
Living Area: 0.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Sewer: PublicSewer
Utilities: SewerAvailable, WaterConnected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Pet Deposit: 0.00
Security Deposit: 0.00
Trash Expense: 0.00
Other Features
Legal Description: 10 4 13 12.92 ORB 1191 P 361 PARCEL DESC IN ORB 1191 P 361
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