Pad Sites For Lease/Build-To-Suit/Sale

Retail-Commercial for Lease
Also listed as Vacant Land
Catylist Listing ID: 30647760
Property Subtypes: Retail-Pad
Building Status: Proposed
Contiguous Space: 54,304 - 103,085 SF
Total Available: 396,452 SF
Gross Building Area: See Agent
Gross Land Area: 54,304 - 103,085 SF
Lease Rate: $0 PSF (Annual)
Base Monthly Rent: $0
Lease Types: NNN
Last Updated: 9/24/2020

Overview / Comments

5 Pad Sites Available for Ground Lease, Build-to-Suit or Sale. 1 Mile South of I-10. Combined AADT 60,000 (SR 85 & PJ Adams). Lighted Hard Corner in the largest City in the FWB-Crestview-Destin Metro Statistical Area. Located at the PJ Adams Pkwy Four Lane/New I-10 Interchange Project; opening ~300 acres within the City of Crestview for commercial economic development and 1,800 acres for residential development. Demographics within a 5 mile radius include a Total Population of 35,107 and an Average House Hold Income of $60,984. Contact Listing Agent for Pricing

Attachments & Media

Expand All 5 Spaces Available

Suite: S. Ferdon Blvd, Pad Site A 103,085 SF $0 PSF (Annual) NNN
Suite: S. Ferdon Blvd, Pad Site B 54,304 SF $0 PSF (Annual) NNN
Suite: S. Ferdon Blvd, Pad Site C 81,544 SF $0 PSF (Annual) NNN
Suite: S. Ferdon Blvd, Pad Site D 67,057 SF $0 PSF (Annual) NNN
Suite: S. Ferdon Blvd, Pad Site E 90,462 SF $0 PSF (Annual) NNN

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Taxing Authority: City of Crestview, Okaloosa County
Tax ID/APN: 32-3N-23-0000-0055-0010
Zoning: C-1
Property Located Between: PJ Adams Pkwy and John King Rd
Property Visibility: Excellent
Largest Nearby Street: Hwy 85 S (S. Ferdon Blvd)
Feet of Frontage: 1,178
Traffic/Vehicle Count: 42,000
Highway Access: Located at the intersection of PJ Adams and Hwy 85. 1-10 is one mile to the north.
Airports: Destin/Fort Walton Beach Airport (VPS), Bob Sikes Airport (CEW)
Site Description: 5 pad sites available for retail development.
Area Description: Crestview is the county seat of Okaloosa County, and is designated as the Hub City” as it is located at the junction of three major highways” US Hwy 90 (US 90), State Road 85 (SR 85) and Interstate 10 (I-10). The University of Florida’s Bureau of Economic and Business Research (BEBR) projects Okaloosa County’s current population of 188,000 is projected to grow to 223,500 by 2040 with medium population growth, representing an increase of 18%. As identified in the 2015 Florida Defense Factbook, Eglin Air Force Base, housed in Okaloosa County, is the largest military installation in the Department of Defense. Duke Field, located on SR 85, is the new home of the 919th Special Operation Wing. The Economic Development Council of Okaloosa estimated in 2017 the military presence of Duke’s Total Economic Impact in the Community at $51 million annually. Bob Sikes Airport supports a mix of general aviation, defense and industrial aerospace corporations with its 8,000 foot runway with an instrument landing system (ILS) and available acreage on and off airport for lease. The Okaloosa-Walton Transportation Planning Organization (OWTPO) reports, Okaloosa County’s median household income is $55,768 with the 32536 zip code coming in at $62,862 as reported by the Bureau of Labor Statistics. The state of Florida’s median income is $47,212 . Employment is projected to grow at an 11%-15% rate per the (OWTPO).
Tenancy: Multiple Tenants
Property Condition: Excellent
Lot Frontage: 1178
Lot Depth: 842
Easements: Ingress/Egress, Utilities
Easements Description: Ingress/Egress Easement, Conservation Easement, Lift Stations
Legal Description: Lengthy In file

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 18,745 31,154
Median Age: 33.26 34.03
Households: 6,921 11,424

Contact

Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial NRT Pensacola
Gulf Coast CMLS Member
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