824 Mary Helen Drive
Chipley, FL 32428
12.92 acres | #763961
Description
Chipley warehouse on 12.92 acres of land.Buildings:Warehouse: 32,000 SF25-foot ceiling height2 ground-level roll-up doors1 loading door with 4' truck wellConcrete load-stressed floorsMetal roofingFull fire suppressionOffice Space: 1,983 SF, built in 2007Tenant: WestPointe Home, a division of Ichan Industries.Lease Terms: Below market rate, approximately 2 years remaining, no tenant options.Utilities: 220/240V, 3-phase power, City water/sewer.Additional Land: Adjacent vacant land available for constructing another building.Strategic Location:Situated in Chipley Industrial Park.3 miles from Interstate 10.Well-positioned to service Tallahassee, Pensacola, Montgomery, and Panama City MSA's.Construction Year: Warehouse built in 2005, office space built in 2007.Financials:CAP rate: 7.61% on current NOI.
Property Details
- Utility FeaturesElectricity Available, Sewer Available, Water Available
- SubdivisionChipley Industrial Park
- Sewer InformationPublic Sewer
- Short SaleListed As Is
- CountyWashington
- Property SubtypeIndustrial
- Property TypePurchase
- Cost1895000
- Utility SourcePublic
- MLS #763961
- MLS #763961
- Acres12.92
- Year Built2005
- FoundationSlab
- Days on Market (Cumulative)82
- Stories1
Location
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Last Updated: . Source: CPAR
Listing Courtesy
Listing Agent: David Boatwright (#B0946)
Listing Office: Riviera Realty Group LLC (#RRG)
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