Stores /FL /Okaloosa County /Fort Walton Beach /111-119 Racetrack Rd NW
Stores /FL /Okaloosa County /Fort Walton Beach /111-119 Racetrack Rd NW

111-119 Racetrack Rd NW - Storefront FOR SALE


Fort Walton Beach, FL 32547- Wright | 
$11,300,000 USD
813-387-4788
111-119 Racetrack Rd NW, Fort Walton Beach, FL for Sale
$11,300,000 USD
Storefront - FOR SALE
1/10
null | 8% Cap Rate
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111-119 Racetrack Rd NW
Fort Walton Beach, FL 32547
Wright

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HIGHLIGHTS

  • Brand New, 10-Year Lease with Goodwill
  • Long-Term, Established Tenant Base
  • Close Proximity to Two Large Air Force Bases

OVERVIEW

Brand New 10-Year NNN Lease with Goodwill. 8.00% Cap Rate on In-Place income.

FOR SALE DETAILS

PRICE

$11,300,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Choctaw Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

356

LAND DETAILS

LAND ACRES

6.59 AC

LAND SF

287,043 SF

ZONING

CG

APN/PARCEL ID

02-2S-24-2200-000B-001A

ASK ABOUT THIS PROPERTY

James MedefindMarcus & MillichapMore Info
813-387-4788

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James MedefindMarcus & MillichapMore Info
813-387-4788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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