Listed by Katapult Properties
$4,625,000
30466 Sgt. Boots Drive
Details
APN 3207250000001107
Property Type Industrial
Sub Type Flex
Square Footage 32,000
Units 11
Cap Rate 7.00%
NOI $323,016
Occupancy 89%
Tenancy Multi
Pro-Forma Cap Rate 8.16%
Pro-Forma NOI $377,922
Price per SqFt $145
Class B
Year Renovated 2023
Buildings 1
Stories 2
Acreage 4.160
Zoning M1 - Light Industrial
Investment Type Value Add
Dock High Doors 5
Sale Condition For sale by owner
Office/Warehouse | 7.00% CAP | 32,000 SqFt
Marketing description
- Investment Opportunity: Stoic Equity Partners presents the opportunity to acquire 30466 Sgt. E.I. Boots Drive, a 32,000 SF- office and warehouse asset
- Tenant Profile: Fully leased first floor (26,000 SF) to anchor tenant Techline, providing stable in-place income
- Second Floor Layout: Multi-tenant executive office space with 10 suites (100–780 SF), currently leased to five tenants.
- Occupancy: 89% occupied with immediate upside through lease-up of five vacant suites
- Value-Add Potential: Opportunity to increase income through lease-up and mark-to-market rent adjustments
- Flexible Asset: Functional layout supports a wide range of office and industrial users
- Prime Location: Minutes from Eastern Shore Centre and top-rated Spanish Fort schools
- Connectivity: Excellent access to Mobile and Pensacola markets
- High-Growth Market: Located in Baldwin County, one of the fastest-growing counties in the U.S.
- Strong Demographics: ~246,000 population with 3.2% annual growth
- Economic Drivers: Supported by expanding sectors including commerce, healthcare, education, and tourism
- Investment Highlights: Combination of stable cash flow and clear pathways for income growth
Listing Contacts
Listed by Katapult Properties
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$323,016.00
$26,918.00/mo
Valuation Metrics
0
DSCR
6.98%
Cap Rate
6.98%
ROI
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