124 John King Road Crestview, FL 32539

PRICED AT $1,700,000

Listing Details

  • $1,700,000
  • MLS# 998749
  • Type Commercial - Business
  • Status Pending
  • 1.000 acres Lot Size

Description

Income-Producing Office Asset | Strong Cash Flow | Dual-Tenant OpportunityThis newer 5,500 SF multi-tenant office building presents a compelling investment opportunity with stable in-place income and upside potential.The property is divided into two suites:Suite A (3,000 SF): Leased at $6,250/monthSuite B (2,500 SF): Leased at $4,375/monthTotal Gross Monthly Income: $10,625Total Gross Annual Income: $127,500Additional income potential is provided by four 10x10 storage units, offering an opportunity to further increase NOI.The interior buildout supports a wide range of tenants and includes:6 private offices (8x12)9 private offices (6x8)Glass...read more

Features

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All Property Features

  • Property Type: Commercial - Business
  • Days on Site: 28
  • Lot Dimensions: 125x225x182x225
  • Lot Size: 1.00 Acres
  • Parcel Number: 32-3N-23-0000-0025-0020
  • Property Condition: Existing