281 Commerce Blvd - Industrial FOR SALE


Port St Joe, FL 32456
$1,319,172 USD
332-345-4311
281 Commerce Blvd, Port St Joe, FL for Sale
$1,319,172 USD
Industrial - FOR SALE
1/2
null | 7.25% Cap Rate

281 Commerce Blvd
Port St Joe, FL 32456


HIGHLIGHTS

  • Long-Term Absolute Triple (NNN) Lease
  • 3.00% Annual Rental Increases Starting Year 7
  • Strong Corporate Growth
  • Significant AUM

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,319,172 USD

PRICE/SF

$240 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cape & Coast Premier Properties

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.02

LAND SF

87,991

ZONING

-

APN/PARCEL ID

04583-160R

ASK ABOUT THIS PROPERTY

Francis PurritanoSurmountMore Info
332-345-4311

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Francis PurritanoSurmountMore Info
332-345-4311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.