123 Hollywood Blvd NE Fort Walton Beach, FL 32548
Sponsored
Property Features for 123 Hollywood Blvd NE
General Information
- Property type
- Other retail properties
- Square Feet
- 6,562 SF
- Price / Square Foot
- $437
- Elevators
- N/A
- Net Rentable
- 6,334 SF
- Lot Size
- 25,330 SF
Building Details
- Year Built
- 2006
- Buildings
- 1
- Stories
- 1
Overview
Safelite-Leased Retail Investment Opportunity
This property is a 6,334 square foot, free-standing retail building situated on approximately 0.58 acres in Fort Walton Beach, Florida. The property is currently occupied by Safelite AutoGlass under a triple-net (NNN) lease with a 3% annual rent increase, offering a stable and predictable income stream. Safelite recently invested approximately $800,000 in building improvements. The property benefits from excellent access to Eglin Pkwy SE, a major thoroughfare with a high average annual daily traffic count of 37,000 vehicles. The location is near the core retail trade area and surrounded by a mix of national retailers and popular restaurants, including Party City, CVS, Dollar Tree, Ulta Beauty, Family Dollar, Waffle House, McDonald's, Chick-fil-A, and Five Guys. The property's size is 6,562 square feet, with 6,334 square feet of net leasable space. This investment is classified as an Investment NNN property.
HighLights
- NNN leased to Safelite AutoGlass with a 3% annual rent increase.
- 0.58 acres, standalone building near high‑traffic Eglin Pkwy SE (37,000 AADT).
- Strong tenant in a prime retail location surrounded by national brands.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Safelite AutoGlass
General Contractor
Location Insight
- Map
- Local Demand
- City
- Fort Walton Beach
- State
- Florida
- Longitude
- -86.607259
- Latitude
- 30.412732
Nearby Similar for Sale
FAQs
What type of property is this?
Other retail property - Safelite-Leased Retail Building, High Traffic Area
Where is this other retail property located?
The property is located at 123 Hollywood Blvd NE Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $2,869,111.
What are key features of this property?
This property features: NNN leased to Safelite AutoGlass with a 3% annual rent increase.; 0.58 acres, standalone building near high-traffic Eglin Pkwy SE (37,000 AADT).; Strong tenant in a prime retail location surrounded by national brands.
