Industrial Distribution Facility For
6020 Enterprise Drive Pensacola, FL 32505
6020 Enterprise Drive, Pensacola, FL, 32505
Contact for pricing
For Sale
Contact for pricing
36,665 SF vacant industrial distribution facility in Pensacola, Florida.
Property Size36,665 SF
Price / SF$122.73
Days on Market740
Property Features for 6020 Enterprise Drive
General Information
- Standard status
- Active
- Size
- 36,665 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2007
Listing Agency
Sands Investment Group
Listed by
Andrew Ackerman · License #GA 311619
Source
Crexi
Added: Jul 9, 2024 Checked: Jul 17 at 7:21 am
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
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
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $365.2k | $9.96 |
| − Vacancy | −$35.8k | −$0.98 |
| EGI | $329.4k | $8.98 |
| − OpEx | −$49.4k | −$1.35 |
| NOI | $280.0k | $7.64 |
36,665 SF · lease $9.96/SF/yr · vacancy 9.80% · expense 15.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
DEX Imaging Copiers
Big Box & Wholesale Store
Similar For Sale Nearby
FAQs
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
