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Cape & Coast Premier Properties 281 Commerce Blvd 5,500 SF Industrial Building Port Saint Joe, FL 32456 $1,841,459 CAD ($334.81 CAD/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

Long-Term Absolute Triple (NNN) Lease
Strong Corporate Growth

3.00% Annual Rental Increases Starting Year 7
Significant AUM

EXECUTIVE SUMMARY

SURMOUNT is pleased to present the exclusive listing for a Cape & Coast Premier Properties located at 281 Commerce Blvd, Port St Joe, FL 32456. The site consists of roughly 5,500 rentable square feet of building space on an estimated 2.02-acre parcel of land. This Cape & Coast Premier Properties is subject to a 20-year Triple Net (NNN) lease which commenced 8/20/2025. The annual rent is $95,640 and has scheduled increases of 3.00% annually starting in year 7.

PROPERTY FACTS

Price	$1,841,459 CAD	Lot Size	2.03 AC
Price Per SF	$334.81 CAD	Rentable Building Area	5,500 SF
Sale Type	Investment NNN	No. Stories	1
Cap Rate	7.25%	Year Built	2004
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$1,841,459 CAD
Price Per SF	$334.81 CAD
Sale Type	Investment NNN
Cap Rate	7.25%
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	2.03 AC
Rentable Building Area	5,500 SF
No. Stories	1
Year Built	2004
Tenancy	Single
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Signage

Air Conditioning

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PROPERTY TAXES

Parcel Number	04583-160R	Improvements Assessment	$414,594 CAD
Land Assessment	$113,471 CAD	Total Assessment	$528,065 CAD

PROPERTY TAXES

Parcel Number

04583-160R

Land Assessment

$113,471 CAD

Improvements Assessment

$414,594 CAD

Total Assessment

$528,065 CAD

(201) 661-1238

CONTACTS

Francis Purritano
Alexandre Marietto
Gordon Pollock
Glen Kunofsky
Christopher Marks
Surmount

Listing ID: 37725922
Date on Market: 2025-09-18
Last Updated:
Address: 281 Commerce Blvd, Port Saint Joe, FL 32456

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281 Commerce Blvd, Port Saint Joe, FL for sale Primary Photo- Image 1 of 3 — +Main - 281 Commerce Blvd, Port St

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