550 Mary Esther Blvd | Fort Walton Beach, FL 32548
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- LoopNet Team
550 Mary Esther Blvd
Fort Walton Beach, FL 32548
LongHorn Plaza · Retail Property For Sale
Investment Highlights
- 100% Occupied Strip Center - The Property Benefits From Below Market Average Rents and Long-Term Tenure;The Average Tenure at the Property is 13 Years
- This is a Densely Populated Location in Close Proximity to Elgin Airforce Base
- The Property is Also Available Within a Portfolio of an Adjacent Vacant Neighborhood Center and a Ground Lease Opportunity
- Strategic Location - The Property is Located Off of Mary Esther Cut Off NW, One of the Largest Retail Corridors in Fort Walton Beach (30,372 VPD)
- The Market Has Strong Demographics With 76,233 People and an Average Household Income of $76,029 Within a 5-Mile Radius of the Property
- Established in 1935 in Okaloosa County - It is Home to Over 20,000 Military Personnel and 81,000 Provider Service Employees
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
21,900 SF
Building Class
B
Year Built
1986
Tenancy
Multiple
Number of Floors
1
Building FAR
0.12
Lot Size
4.31 AC
Zoning
Commercial
Parking
166 Spaces (7.58 Spaces per 1,000 SF Leased)
Frontage
118 ft on Mary Esther Blvd
Amenities
- Pylon Sign
- Signage
- Signalised Intersection
PROPERTY TAXES
| Parcel Number | 09-2S-24-1860-0016-005B | Improvements Assessment | £1,660,311 |
| Land Assessment | £157,589 | Total Assessment | £1,817,900 |
PROPERTY TAXES
Parcel Number
09-2S-24-1860-0016-005B
Land Assessment
£157,589
Improvements Assessment
£1,660,311
Total Assessment
£1,817,900
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