Restaurant Space For Lease
Retail-Commercial
for Lease
Catylist Listing ID: |
30861772 |
Property Subtypes: |
Restaurant
|
Contiguous Space: |
4,814 SF |
Gross Building Area: |
See Agent |
Gross Land Area: |
1.11 Acres
|
Lease Rate: |
$19.74 PSF (Annual)
|
Base Monthly Rent: |
$7,919 |
Lease Types: |
NNN |
Last Updated: |
5/3/2024 |
Overview / Comments
Fort Walton Beach is located between Pensacola and Panama City. The Property's trade area is characterized mainly by military personnel from Eglin Air Force Base and Hurlburt Field. Eglin Air Force Base covers over 463,000 acres and employs more than 8,500 military and approximately 4,500 civilians. Hurlburt Field has 10,782 active-duty military personnel and 1,316 civilian employees. These combine to create a stable employment base for the trade area, making it highly desirable. The new projects and infrastructure improvements within the Fort Walton Beach MSA have drawn private development to the city, creating new jobs and a booming economy. With the stable economy, Northwest Florida College, the most extensive U.S. Air Force base globally, a strong tourism market, low state taxes, highly rated school systems, and beautiful beaches, Okaloosa County, Florida, has become a highly sought-after MSA and community to reside and popular tourist destination.
|
Space Available: |
4,814 SF |
Lease Rate: |
$19.74 PSF (Annual)
$7,919 (Monthly)
|
Lease Type: |
NNN |
Space Description: |
Freestanding restaurant building available for lease in the heart of Fort Walton Beach, FL. The +/-4,814 SF building is situated on +/-1.11 acres and would be an ideal second-generation restaurant location. The space has an outdoor patio, bar, two separate dining rooms, two sets of customer bathrooms, and one employee bathroom in the back. The property has easy access, good visibility, and a private parking lot. The site experiences 42,500 AADT along Eglin Pkwy, the main thoroughfare. The property is within 1.03 miles of Okaloosa Island and the 300,000 SF shopping center Uptown Station. National retailers and restaurants nearby include Publix, West Marine, Winn-Dixie, Party City, Ulta, Five Below, Ross Dress for Less, Whataburger, Starbucks, Five Guys, Buffalo Wild Wings, Firehouse Subs, and many more. |
Date Available: |
11/27/2023 |
Lease Term: |
60 Months |
Space Type: |
Relet |
Offices |
2 |
Additional Details
Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
County: |
Okaloosa |
Tax ID/APN: |
12-2S-24-0000-0001-0030 |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Eglin Pkwy |
Feet of Frontage: |
300 |
Traffic/Vehicle Count: |
42,500 |
Tenancy: |
Single Tenant |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Property Condition: |
Good |
Year Built: |
1950 |
Construction/Siding: |
Brick |
Parking Type: |
Surface |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
9,711 |
57,917 |
65,566 |
Median Age: |
42.07 |
39.43 |
39.06 |
Households: |
4,164 |
25,097 |
28,011 |
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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