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Fleetpride 7481 N Palafox St 6,500 SF 100% Leased Industrial Building Pensacola, FL 32503 $942,118 CAD ($144.94 CAD/SF) 6.86% Cap Rate
Investment Highlights
- Premier National Tenant – FleetPride is the nation’s largest independent distributor of aftermarket heavy-duty truck and trailer parts and services
- Recently Extended Lease – FleetPride recently extended their lease for 3 additional years, showing their continued commitment to the location
- Strategic Growth Location – The property is situated at the corner of N Palafox St and Interstate-10, which is currently undergoing a major expansion
- Functional Facility - The property features ±6,500 of building space on ±1.97 AC (±7.57% Coverage)
Executive Summary
Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $942,118 CAD | Building Class | C |
| Price Per SF | $144.94 CAD | Lot Size | 1.97 AC |
| Sale Type | Investment | Rentable Building Area | 6,500 SF |
| Cap Rate | 6.86% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2005 |
| Property Subtype | Distribution | ||
| Zoning | HC/LI - Heavy Commercial/Light Industrial | ||
| Price | $942,118 CAD |
| Price Per SF | $144.94 CAD |
| Sale Type | Investment |
| Cap Rate | 6.86% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 1.97 AC |
| Rentable Building Area | 6,500 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Zoning | HC/LI - Heavy Commercial/Light Industrial |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 21-1S-30-1101-007-029 | Improvements Assessment | $438,031 CAD |
| Land Assessment | $149,983 CAD | Total Assessment | $588,014 CAD |
Property Taxes
Parcel Number
21-1S-30-1101-007-029
Land Assessment
$149,983 CAD
Improvements Assessment
$438,031 CAD
Total Assessment
$588,014 CAD
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Fleetpride | 7481 N Palafox St
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