Investment Properties in the Florida Panhandle
Panama City Beach, Florida

Looking for vacant land, commercial investment properties, commercial rental properties, shopping centers, income producing properties, strip centers or build-to-suits in Panama City Beach, Florida, Bay County, Walton County, Washington County, Holmes County, Jackson County, Gulf County, Franklin County, Destin or Sandestin? 

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Kraft Foods Warehouse
Rate: Call
Type: Commercial Sales
Area: Chipley
Address: 1010 Highway 90 East
City: Chipley
State, Zip Code FL, 32428
 
 
Description

1010 Highway 90 East

Property Description: 

· Building is Approximately 5,000 Sqft

· Annual Rent is 5000 SqFt@$5.24/Sqft=$26,194

Operating Expenses

· GL and Casualty Insurance and Real Estate Taxes are Paid by Tenant

· Lawn Maintenance is $1,200

· Net Operating Income of $24,994, cap rate of 8.5%

Lease Terms

· Lease expires at end of October 2009

· Tenant has two 1-year renewal options after October 2009 with annual base rents of $27,765.22 and $28,320.52, respectively.

 

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