162 Eglin Pkwy, Fort Walton Beach, FL 32548
2,373 SF | 100% Leased | Retail Building | Fort Walton Beach, FL 32548 | $3,509,843 ($1,479/SF) | 5.75% Cap Rate
For Sale
Active
Asking Price $3,509,843
- Property Type
-
Retail
- Square Feet
- 2,373 SF
- Price / Square Foot
- $1,479
Listing Contacts
Glen Kunofsky
Jonathan Eckerd
Property Overview
NNN Pro is pleased to present the exclusive listing for a Caliber
Car Wash located at 162 Eglin Pkwy NE, Fort Walton Beach, FL
32548. The site consists of roughly 2,373 rentable square feet of
building space on an estimated 0.51-acre parcel of land. This
Caliber Car Wash is subject to a 20-year Triple Net (NNN) lease,
which commenced 3/1/2022. The current annual rent is $201,816
and has scheduled increases of 1.50% Annually.
Car Wash located at 162 Eglin Pkwy NE, Fort Walton Beach, FL
32548. The site consists of roughly 2,373 rentable square feet of
building space on an estimated 0.51-acre parcel of land. This
Caliber Car Wash is subject to a 20-year Triple Net (NNN) lease,
which commenced 3/1/2022. The current annual rent is $201,816
and has scheduled increases of 1.50% Annually.
Property Details
- Class
- C
- Year Built/Renovated
- 2014/2021
- Stories
- 1
- Property Subtype
- Service, Freestanding
- Lot Size (sq. ft)
- 22,216 SF
Highlights
- Long-Term, Absolute Triple Net (NNN) Lease The lease is an original 20-year lease with over 17 years of term remaining
- Attractive Rental Increases The lease will feature 1.50% rental increases occurring annually
- Affluent Community
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