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941 Chipley Street, Tallahassee, FL

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941 Chipley Street

Tallahassee, FL 32304-4418 - SW Tallahassee Submarket

(643.8 KB)

Property Type:Industrial Sub Type:Warehouse Status:Existing Year Built:2009
Building Size:16,000 SF Land Area:2.81 AC (122,404 SF)
Ceiling Height:16'0''-18'0'' Loading Docks:2 ext Rail:- Power:-
For Sale Price:$1,257,000 Price/SF:$78.56
Cap Rate:7.00 %
Zoning:M-1 Sprinklers:- Drive Ins:2 tot./14'0''w x 14'0''h Cranes:-
Parking:Free Surface spaces are available; Ratio of 1.25/1,000 SF Amenities:T5 Lighting

Lighting: T-5 office & High Bay in warehouse
Loading: 4 Overhead doors (1 : 4,000 SF); 2 at grade, 2 dock high in a well
Yard: Fenced, paved and milled outside storage area
Parking: 19 Spaces (9.5:1,000 SF Office, 1.2:1,000 SF Total)
Construction Type: Freespan (Butler Building System)
Structure: Steel Frame
Exterior Wall: Corrugated metal panels
Roof: Standing seam metal
Building SF: 16,000 SF Office 2,000 SF (13%) Warehouse 14,000 SF (88%)
Lot Size: 2.81 AC
FAR: 0.13

Sale Notes:
Brand New Building
Gorman Plumbing
Supply Company
5 year lease commencing
on April 1, 2009
Gorman is owned by
Hajoca Corporation
Parcel ID Number:
16,000 square feet
situated on 2.9 Acres
Sold on a 7.36% Cap
Rate– 3% Increases
Price: $1,250,000

Stan Johnson Company
James Ullrich
(646) 778-5560

STRUCTURE Commercial Real Estate
J.R. Long
(850) 656-6555 x104

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