167 Eglin Parkway Archives | Sands Investment Group

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