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5660 John Givens Road

Crestview, FL 32539
  • $3,600,000
  • STATUS: Active
  • ON SITE: 632 Days
  • MLS #: 842212
UPDATED: 131 min ago
$3,600,000
  • 0
    BEDS
  • 7.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

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 July 31, 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. The tenant is an international employer of over 17,000 employees world wide with gross sales of $843 million last year.

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© 2021 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices PenFed Realty. Data last updated: 2021-12-02T20:59:46.91.
www.searchdestin30arealestate.com/homes/103976873
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5660 John Givens Road Crestview, FL 32539

  • Price: $3,600,000
  • Status: Active
  • On Site: 632 Days
  • Updated: 131 min ago
  • MLS #: 842212
0
Beds
0
Baths
0
½ Baths
7.43
Acres
Neighborhood:
Crestview Area
County:
Okaloosa
Area:
Crestview Area
Property Description
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 July 31, 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. The tenant is an international employer of over 17,000 employees world wide with gross sales of $843 million last year.
Interior Features

Income Producing Building Sq Ft 38500 Income Producing Property Type Office Office Num Units 1

Property Features

As Is Yes Immediate Occupancy No Income Producing Cap Rate 9.04 Income Producing Net Operating Income 325325.00 Income Producing Year Built 1987 Listing Board Emerald Coast Property Name Iqor Vacant No

Listing courtesy of Taylor Allen Properties Llc.


© 2021 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices PenFed Realty. Data last updated: 2021-12-02T20:59:46.91.
 
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Berkshire Hathaway HomeServices PenFed Realty
7684 W. County Highway 30A
Santa Rosa Beach FL, 32459