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Warehouse

RAM BLVD | Industrial Complex

250 Ram Blvd, Midway, FL 32343

Listing Price: $4,900,000

Cap Rate
5.15%
Gross SF
42,000
Price/Gross SF
$116.67
Lot Size
8.20 acres
Year Built
2005
Rentable SF
42,000

Investment Overview

Marcus & Millichap proudly presents the "property" known as Ram Boulevard Industrial Complex located in Midway, FL (Tallahassee Metro). The property consists of three buildings totaling approximately 42,000 square feet situated on 7.51+/- Acres. Currently 100% occupied with a strong mix of regional tenants providing for long term stability, however, potential upside exists by developing the remainder of the parcel and converting gross leases to triple net.

Investment Highlights

  • 100% Occupied
  • Tenant mix includes; Trulieve, ACME, Satellites Unlimited, Express Courier
  • Strategically located less than one mile from I-10
  • Rents are below market
  • Opportunity to convert gross leases to triple net
  • Staggered lease expiration schedule

Exclusively Listed By

Warehouse

RAM BLVD | Industrial Complex

Listing Price: $4,900,000

Cap Rate
5.15%
Gross SF
42,000
Price/Gross SF
$116.67
Lot Size
8.20 acres
Year Built
2005
Rentable SF
42,000

Investment Highlights

  • 100% Occupied
  • Tenant mix includes; Trulieve, ACME, Satellites Unlimited, Express Courier
  • Strategically located less than one mile from I-10
  • Rents are below market
  • Opportunity to convert gross leases to triple net
  • Staggered lease expiration schedule

Investment Overview

Marcus & Millichap proudly presents the "property" known as Ram Boulevard Industrial Complex located in Midway, FL (Tallahassee Metro). The property consists of three buildings totaling approximately 42,000 square feet situated on 7.51+/- Acres. Currently 100% occupied with a strong mix of regional tenants providing for long term stability, however, potential upside exists by developing the remainder of the parcel and converting gross leases to triple net.

Exclusively Listed By

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