IQOR

Office: General

5660 John Givens Rd, CrestviewFL 32539

Property Details

Location

Address
5660 John Givens Rd, CrestviewFL 32539
County
Okaloosa
Submarket
Parcels
03-3N-23-0000-0001-0030

Building Size

Building Size
38,500 SF
Rentable Space
38,500 SF

Building Details

Type
 Office: General
Number of Buildings
Occupancy Type
Single Tenant
Percent Occupied
Building Class
A
Building Status
Existing
Floors
Year Built
1987
Year Renovated
2005
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
7.43 Acres
Land (SF)
323,651 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
INDUSTRIAL
Lot Depth
Lot Width

Contacts

Current Listings

NNN Leased Office Building ~ 9% CAP ~ Crestview, FL

38,500 SF$3,600,000
Cap Rate: 9%

38,500 SF building has been leased to the same entity for the last 19 years. A new lease renewal has extended this agreement until September 30, 2023. The annual net rent is $325,325. The building is leased to IQOR (International company with 40 call centers all over the globe) which operates a large volume call center 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.

38,500 SF building has been leased to the same entity for the last 19 years. A new lease renewal has extended this agreement until September 30, 2023. The annual net rent is $325,325. The building is leased to IQOR (International company with 40 call centers all over the globe) which operates a large volume call center 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.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: Gulf Coast CMLS

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