Located in 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 leasedto WestPointe Home, a division of Ichan Industries. The below market rate lease term runs for approx. 3 more years with no tenant options. 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, metalroofing, and full fire suppression. The property also has 220/240V, 3 phase power and City water/sewer, in an prime area for growth. Additionally, there is adjacent vacant land to construct another building on-site. Strategically located within the Chipley Industrial Park, within 3 miles to Interstate 10, this building provides an optimal position to serviceTallahassee, Pensacola, Montgomery, and Panama City MSA's. Constructed in 2005, the Chipley Warehouse includes a 1,983 SF office building built in 2007 and is in very good condition. CAP rate on currentNOI is 7.07%.
745723
Industrial, Business Opportunities, 1 Story
Washington
2005
12.92
Acres
Public
1
Metal
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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