495 Saint Johns Road

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495 Saint Johns Road

Bonifay, FL 32425
Asking Price
$2.58M
Asset Type
Office
Class
Class B

What's Special

Building is leased with leases coming February and March of 27. Premier location at Hwy 79 And I-10 <p>There are currently two tenants in approximately 13,000 Sq ft of the building. The owner has built out 33 Climate controlled storage units in the remaining 3,500 sq ft. The property sits right of the Intersection of Hwy 79 And Interstate 10 with ingress and egress off of I-10. The property is in very well kept condition and with it's excellent location it makes for a great investment property. The current tenants are a Church and a walk ion medical clinic. Bonifay has a lot of new growth in

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NOI
$80,000
Cap Rate
3.11%
DSCR
0.52
Underwater
Cash-on-Cash
-9.43%
Monthly Payment
$12,739.695
Annual Cash Flow
$-72,876.34

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