619 Goldkist BlvdLive Oak, FL 32064

This Live Oak, Florida warehouse, located at 619 Goldkist Blvd, is a single-tenant, net-lease property currently listed for $400,000. The 2,678 square foot building, constructed in 1997, sits on one acre of land and features a new metal roof (installed May 2024). The property boasts 18-foot ceilings, one loading dock, and 25 parking spaces, including ample room for semi-trucks, RVs, and boats. The building is of concrete and steel construction and includes approximately 0.75 acres of vacant land for additional storage. The interior features three offices and two bathrooms. The current lease is a three-year NNN lease, commencing May 1, 2023, and expiring May 1, 2024, with a current NOI of $30,600 and a cap rate of 7.65%. The property's convenient location offers easy access to I-10 and I-75, making it ideal for various businesses, including distribution, construction, manufacturing, trucking, or wrecker services. The property is owned by a trust and is being sold as-is. The building has 12-foot bay doors. This is a fantastic investment opportunity for those seeking a stable, income-producing asset with significant upside potential.