This Property is no longer advertised on Showcase.com.
Off Market
1/10

5660 John Givens Rd
Crestview, FL 32539


HIGHLIGHTS

  • 38,500 Square Foot Office Environment for large volume call centers
  • 7.43 Acres located in north Crestview adjacent to Bob Sikes Airport
  • Building has a long history (initial lease executed in 2002) with these tenants
  • Offering price of 9% CAP based on new lease renewal which will extend lease until July 31, 2023

OVERVIEW

38,500 SF building has been leased to the same entities for the last 18 years. A new lease renewal will extend this agreement until September 30, 2023. Per the renewal, the annual net rent is $325,325. The building is leased to IQOR (occupies 2/3) and ASURION (occupies 1/3). Both entities operate a large volume call centers and employ roughly 500 people. The facility has 3 large cubicle areas (north, central, south) along with common break rooms for both companies. Additionally, there are 4 large training rooms and multiple banks of restrooms scattered throughout. IQOR employs a facilities director to maintain a very clean & professional work environment for its large staff.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

39144

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.43 AC AC

LAND SF

323,651 SF

ZONING

-

APN/PARCEL ID

03-3N-23-0000-0001-0030