Investment Multi-Building Property For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30876527
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad
Building Size (RSF): 4,350 SF
Gross Building Area: See Agent
Sale Price: $1,394,000
Unit Price: $320.46 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2024

Overview / Comments

Investment Property For Sale. +/- 0.8-acre parcel zoned C-2. The property currently has a Single Tenant Free Standing Jimmy John's, a Co-Tenant Building (QQ Smoke Shop and a 1,600SF space), and a billboard on a month-to-month lease.
Nearby national retailers, including Aldi, Chipotle, Walmart, Publix, Mcdonald's, Starbucks, Panera Bread, Seven Brew, and Lowe's. It is on Hwy 85/S Ferdon Blvd, with high traffic counts of 44,000 AADT.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 29-3N-23-0000-0025-0010
Zoning: C-2
Retail Clientele: General, Business
Property Located Between: S Ferdon Blvd & I-10
Property Visibility: Excellent
Largest Nearby Street: S Ferdon Blvd
Feet of Frontage: 185
Traffic/Vehicle Count: 44,000
Airports: Destin-Fort Walton Beach Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 1,600 SF
Property Condition: Excellent
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,249 25,997 32,313
Median Age: 32.97 33 34.31
Households: 1,137 9,427 11,889

Contact

Photograph of Listing Agent

Harry Bell

Bellcore Commercial LLC Gulf Coast CMLS Member
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