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    2221 - 2223 S Ferdon Blvd Crestview, FL 32539

    Source: https://www.saltercompany.com
    For Lease
    $28 SF/Yr ($5,124 /Mo)

    High-traffic location, 2,196 sq ft, NNN lease.

    Lot size:
    2,196 SF

    Description

    Added:
    Mar 26, 2025
    Days on Market:
    263
    This exceptional 2,196 square foot retail space is available for lease at Court Plaza, located in Crestview, Florida, at 2221-2223 S Ferdon Blvd, Suite 2207-2209. Situated within a 20,116 square foot shopping center, this in-line unit boasts a prime location at the highly visible intersection of S. Ferdon Boulevard and Redstone Avenue. The property benefits from excellent visibility and accessibility, surrounded by national retailers and in close proximity to North Okaloosa Hospital. The unit itself offers two entrances, a lobby, private offices, a breakroom, a conference room, and two restrooms, providing ample space for a variety of retail businesses. The 1.98-acre site includes 103 parking spaces for customer convenience and features a lighted pylon sign for enhanced visibility. The property enjoys a high average annual daily traffic (AADT) count of 45,500 vehicles. A strong demographic profile within a five-mile radius includes a total population of 48,625 and an average household income of $91,894, presenting a significant market opportunity. The lease is a NNN lease with an annual rate of $28 per square foot.

    Property Features for 2221 - 2223 S Ferdon Blvd

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    2,196 SF
    USF (Usable sq. ft)
    2,196 SF
    Elevators
    N/A
    Total Rate
    5124

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Prime 2,196 sq ft retail space in Crestview, FL's Court Plaza.
    • High‑traffic location at S. Ferdon Blvd & Redstone Ave intersection.
    • NNN lease, includes 2 entrances, offices, breakroom, conference room & restrooms.
    Insight Report Location Intelligence

    Current Use by Public Records

    Smoothie King Fast Food Restaurant Creative Juices Crafting ... Art Studio Pizza Hut Pizza Delivery Absolute Thai & Noodles ... Thai Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    State
    Florida
    Longitude
    -86.564404
    Latitude
    30.737473

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    FAQs

    What type of property is this?
    Other retail property - High-traffic location, 2,196 sq ft, NNN lease.
    Where is this other retail property located?
    The property is located at 2221 - 2223 S Ferdon Blvd Crestview, FL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Prime 2,196 sq ft retail space in Crestview, FL's Court Plaza.; High-traffic location at S. Ferdon Blvd & Redstone Ave intersection.; NNN lease, includes 2 entrances, offices, breakroom, conference room & restrooms.
    (850) 432-5320
    Request Owner's contact information
    2221 - 2223 S Ferdon Blvd Crestview, FL 32539
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2221 - 2223 S Ferdon Blvd Crestview, FL 32539
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