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546 Mary Esther Cut Off NW
37,087 SF of Retail Space Available in Fort Walton Beach, FL 32548
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor | 37,087 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 546 Mary Esther Cut Off NW , Fort Walton Beach, FL 32548
Property Type | Retail | Year Built | 1986 |
Gross Internal Area | 37,087 SF |
Property Type | Retail |
Gross Internal Area | 37,087 SF |
Year Built | 1986 |
About the Property
For Lease - A prime 64% leased neighborhood center located just off a major retail corridor. A 37,087 sq ft space is available for lease next to Academy Sports and Outdoors. Space will be delivered in white box condition and can be sub-divided. The property is in excellent shape, having undergone significant capital improvements including a full roof replacement in 2022. Additionally, the Landlord is scheduled to resurface and stripe the parking lot in Q4 2024. Located in Fort Walton Beach, Eglin Air Force Base has been a prominent fixture since 1935, with over 20,000 military personnel and more than 81,000 support staff, enhancing local economic activity. Positioned off Mary Esther Boulevard, one of the largest retail corridors in Fort Walton Beach, the property benefits from high visibility in a densely populated area close to Eglin Air Force Base. The market features robust demographics with an average household income exceeding $77,000 and a population of 77,000 within a 5-mile radius. Additionally, Mary Esther Boulevard experiences strong traffic counts of over 30,000 vehicles per day.
Nearby Major Retailers
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546 Mary Esther Cut Off NW
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