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FedEx 300 Mossy Head Plaza Dr

213,508 SF 4-Star Industrial Building Defuniak Springs, FL 32435 £13,973,971 (£65/SF) 5% Net Initial Yield

EXECUTIVE SUMMARY

Fully leased to FedEx!! NAI KLNB & NAI Mertz, as the exclusive representative
for the owner, is pleased to present the sale offering of
the property known as 300 Mossy Head Plaza Dr. The
property located at 300 Mossy Head Plaza Dr features
a lease that commenced on June 1, 2006, with a tenyear term and an option to extend for an additional five
years, provided notice is given by December 7, 2025.
The facility spans 213,508 square feet on a 25-acre
lot. The office area, measuring approximately 100 feet
wide by 80 feet deep, includes air conditioning and
is equipped with a large application room, a sizable
training room, and a spacious dispatch room, along with
restrooms. The building has a clear ceiling height of 32
feet and is fully sprinklered with fluorescent lighting
throughout. It includes 43 indoor tailgate docks, 7
large overhead drive-in docks (18 x 12), 12 drive-in
loading spots per bay, and 144 loading positions (12 x
12). Power supply is 480 volts, and the column spacing
varies, with some areas at 45 feet and others at 60 feet,
accommodating 13 bays at 45 feet and 2 at 60 feet.
The facility also features 61 van positions, 70 outdoor
trailer storage spots, and a concrete apron measuring
60 feet. The fenced and lit yard includes a metal panel
roof and ventilation fans. The building has 9 handicap
parking spaces and 456 general spaces, distributed as
360 interior and 22/55/19 exterior. Restrooms in the
rear include 2 urinals and 2 toilets for men, and 1 toilet
for women.

PROPERTY FACTS

Price £13,973,971
Price Per SF £65
Sale Type Investment NNN
Net Initial Yield 5%
Property Type Industrial
Property Subtype Distribution
Building Class A
Lot Size 25.00 AC
Rentable Building Area 213,508 SF
Number of Floors 1
Year Built 2016
Tenancy Single
Clear Ceiling Height 23 ft
No. Dock-High Doors/Loading 42

AMENITIES

  • Air Conditioning

UTILITIES

  • Lighting
  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-3N-21-37000-001-0021
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£13,779,092

ZONING

Zoning Code HI (Heavy Industrial)
HI (Heavy Industrial)
  • Listing ID: 33533426

  • Date on Market: 16/10/2024

  • Last Updated:

  • Address: 300 Mossy Head Plaza Dr, Defuniak Springs, FL 32435

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