123 Hollywood Blvd NE - Light Distribution FOR SALE


Fort Walton Beach, FL 32548
$2,869,112 USD
850-977-6991
123 Hollywood Blvd NE, Fort Walton Beach, FL for Sale
$2,869,112 USD
Light Distribution - FOR SALE
1/12
null | 6.25% Cap Rate

123 Hollywood Blvd NE
Fort Walton Beach, FL 32548


HIGHLIGHTS

  • Direct visibility from Hollywood Blvd
  • Tenant recently invested $800K into the building
  • Zoned: GC Commercial

OVERVIEW

+/- 0.582 acres, featuring a standalone building currently under an NNN lease. Safelite has a 3% annual rent increase and has invested approximately $800,000 in improvements to the building. Situated near the core retail trade area, the property boasts convenient access to Eglin Pkwy SE, with a traffic volume of 37,000 AADT. Safelite AutoGlass currently occupies the single-tenant building, ensuring a stable lease arrangement. The surrounding area is populated by well-known retailers and restaurants, including Party City, CVS, Dollar Tree, Ulta Beauty, Family Dollar, Waffle House, McDonald's, Chick-fil-A, Five Guys, and more.

FOR SALE DETAILS

PRICE

$2,869,112 USD

PRICE/SF

$429 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.58

LAND SF

25,265

ZONING

CG Commercial

APN/PARCEL ID

13-2S-24-2030-0002-00K0

ASK ABOUT THIS PROPERTY

Harry BellBellcore Commercial, LLCMore Info
850-977-6991

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Harry BellBellcore Commercial, LLCMore Info
850-977-6991

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