910 Bell Ave - Warehouse FOR SALE


Fort Pierce, FL 34982- Fort Pierce South
$2,400,000 USD
772-631-9168
910 Bell Ave, Fort Pierce, FL for Sale
$2,400,000 USD
Warehouse - FOR SALE
1/40
null | 7.72% Cap Rate

910 Bell Ave
Fort Pierce, FL 34982
Fort Pierce South


OVERVIEW

Prime Investment Opportunity! Warehouse/Office building located in Fort Pierce at the corner of Bell Avenue and Enterprise Road. Three 14-Foot Drive-in Warehouse doors. Large office space with large open work space, multiple private offices, conference room, break room and private restrooms. Warehouse space with second floor storage. True Triple Net lease in place with outstanding credit tenant. NOI at current lease rate is $185,304.00. Cap Rate at asking price is 7.72%. There are almost 4 years remaining on the current lease with three 5-year options. Tenant will likely exercise at least one of the options to renew.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$264 USD /SF

CAP RATE

7.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.87

LAND SF

37,897

ZONING

IL

APN/PARCEL ID

24-28-502-0026-0205

ASK ABOUT THIS PROPERTY

John ChapmanChapman Commercial Real EstateMore Info
772-631-9168

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John ChapmanChapman Commercial Real EstateMore Info
772-631-9168

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.