Industrial Distribution Facility For
For Sale
Contact for pricing
6020 Enterprise Drive, Pensacola, FL 32505
36,665 SF vacant industrial distribution facility in Pensacola, Florida.
Property Size36,665 SF
Price / SF$122.73
Days on Market206
Property Features for 6020 Enterprise Drive
General Information
Standard status
Active
Size
36,665 SF
Property subtype
Industrial
Investment Type
Owner/User
Building Details
Year Built
2007
Listing Agency:
Sands Investment Group
Listed By:
Andrew Ackerman · License #GA 311619
Source:
Crexi
Added: Mar 26
Changed: Oct 16
Last Checked: Oct 16 at 7:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group
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Investment Insights
Based on property information with market context.
Available for sale is a 36,665 square foot vacant industrial distribution facility located at 6020 Enterprise Drive in Pensacola, Florida. The property is suitable for an owner-user looking to expand their business. It features access to Interstate 10 and 110.
Key Highlights
- 36,665 SF Vacant Industrial Distribution Facility
- Good Access to Interstate 10 and 110
- Highly Desirable Distribution Facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$279,986
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,599,720
$5.6M
Cap Rate 7%
$3,999,800
$4.0M
Cap Rate 9%
$3,110,956
$3.1M
Market Conditions
NOI Build-Up for 36,665 SF
Gross rent
$365.2K $9.96/SF
− Vacancy
−$35.8K −$0.98/SF
EGI
$329.4K $8.98/SF
− OpEx
−$49.4K −$1.35/SF
NOI
$280.0K $7.64/SF
Area
Escambia County, FL
Vacancy
9.80%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,599,720
Cap Rate 7%
$3,999,800
Cap Rate 9%
$3,110,956
Alternative Uses
Best Use
Warehouse
$4.00M
$3.50M – $4.67M
NOI $279,986 @ 7.0% cap · market cap 6.22%
Second Best
Industrial
$2.95M
$2.58M – $3.45M
NOI $206,736 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$10.76M
$9.42M – $12.55M
NOI $753,248 @ 7.0% cap · market cap 16.74%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
Business Placement
Demographics for 32505, FL
28,671
Population
12,278
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
82%
High-School Grad
13.0 sq mi
ZIP Area
2,205
Density / Sq Mi
$41,039
Median Household Income
$27,950
Median Earnings
$1,053
Median Rent
$120,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Distribution center - 36,665 SF vacant industrial distribution facility in Pensacola, Florida.
Where is this distribution center located?
The property is located at 6020 Enterprise Drive Pensacola, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 36,665 SF Vacant Industrial Distribution Facility; Good Access to Interstate 10 and 110; Highly Desirable Distribution Facility
