Income Producing Commercial Duplex (Office & Restaurant)
|Catylist Listing ID:
Office Building, Other
|Building Size (RSF):
|Property Use Type:
||Net Leased Investment (NNN), Investment
|Class of Space:
||Cash to Seller
Overview / Comments
Income producing commercial duplex (Office & Restaurant) available for purchase in Niceville (Bluewater Bay), FL. (4504 Highway 20, Niceville, FL) This building sits as an outparcel to a grocery anchored shopping center that has tremendous mixed use synergy. This building consists of a 5200 SF office as well as an 1800 SF restaurant space. Each space is fully leased with 5 year terms. (5200 SF space leased to a Defense Contractor - 5 year lease - Feb 1, 2023 - January 31, 2028) German restaurant space (5 year lease - March 2023 - March 2028). This restaurant space is 1800 SF with an additional 700 SF covered patio & Bier garden).
|Finance Data Year
|Net Operating Income
|Actual or Proforma Year
||Crestview-Fort Walton Beach-Destin
||C - 1
© Copyright 2001-2023 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.