Fort Walton Beach Multi-Tenant Center | Fort Walton Beach, FL

Sands Investment Group is Pleased to Exclusively Offer For Sale the Multi-Tenant NNN Lease Strip Center Located at 167 Eglin Parkway in Fort Walton Beach, FL. This Deal Includes a Newly Constructed 3-Unit Strip Center With Zero Vacancies, Providing For an Excellent Investment.

  • 100% Occupied Newly Constructed 3-Unit Strip Center With National Tenants
  • Brand-New Long-Term Leases With Option Periods and 10% Rental Increases Every 5 Years
  • All Tenants Reimburse Their Pro Rata Share of Taxes, CAM Expenses and Insurance
  • Strong Demographics With Over 59,307 Residents Making an Average Household Income of $71,781 Within a 3-Mile Radius
  • Located Directly on the Corner of Eglin Parkway NE and Garnett Avenue With Over 52,227 VPD
  • Fort Walton Beach is the Principal City of the Fort Walton Beach–Crestview-Destin MSA
  • Corporate Guarantee From T-Mobile
  • Strong Jersey Mike’s Operator With Over 20 Locations
  • Dunkin’ Lease Guaranteed By Strong Multi-Concept Franchisee That Currently Owns and Operates Over 160 Locations Across 6 Concepts, 80 of Which Are Dunkin’/Baskin-Robbins Locations in Both Florida and Alabama
  • Florida is an Income Tax Free State
  • Over the Past Year, Fort Walton Beach Saw Its Number of Visitors Increase 10.2% From 3.6 Million to Almost 4 Million; Those Tourists Spent More Than $2.5 Billion and Had an Overall Economic Impact of More Than $3.8 Billion
  • Fort Walton Beach is Home to Eglin Air Force Base Which is Considered the Largest Air Force Installation in the Free World
  • Nearby Tenants Include: Winn-Dixie, Dollar General, Five Below, Family Dollar, Ross, Lumber Liquidators, Sherwin-Williams, OneMain Financial, Party City, Enterprise Rent-A-Car, McAlister’s Deli, Buffalo Wild Wings, Starbucks and Many More

In Cooperation With SIG RE Services, LLC – Lic. # CQ1055229

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