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Walmart Ground-Leased Grocery Property

1150 Industrial Drive, Crestview, FL 32539

For Sale
Contact for pricing

A grocery property associated with Walmart is offered under a ground lease in Crestview, Florida.

Property SizeContact for details
Days on Market40

Property Features for 1150 Industrial Drive

General Information

Standard status Active
Property subtype Retail

Additional Details

Tenant in Place Yes
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License #01474991
Source: Crexi
Added: Oct 1 Changed: Nov 9 Last Checked: Nov 8 at 4:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - San Diego

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Investment Insights

Based on property information with market context.

The offering is a Walmart-associated grocery property structured as a ground lease. It is located at 1150 Industrial Drive in Crestview, Florida.

Key Highlights

  • Walmart‑associated grocery property offered under a ground lease
  • Located at 1150 Industrial Drive in Crestview, Florida 32539

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic HVAC Service Bakery Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 84% Shops & Services 16%
SONIC Drive In Dining
12,855 visits/mo 0.4 miles
Taco Bell Dining
10,670 visits/mo 0.4 miles
Waffle House Dining
7,170 visits/mo 0.2 miles
Little Caesars Pizza Dining
4,888 visits/mo 0.1 miles
Shell Shops & Services
4,162 visits/mo 0.5 miles

Demographics for 32539, FL

31,749
Population
12,642
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
93%
High-School Grad
127.9 sq mi
ZIP Area
248
Density / Sq Mi
$72,521
Median Household Income
$40,064
Median Earnings
$1,323
Median Rent
$272,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - A grocery property associated with Walmart is offered under a ground lease in Crestview, Florida.
Where is this grocery and convenience store located?
The property is located at 1150 Industrial Drive Crestview, FL.
What is the asking price?
The asking price for this property is $15,180,000.
What are key features of this property?
This property features: Walmart‑associated grocery property offered under a ground lease; Located at 1150 Industrial Drive in Crestview, Florida 32539
(858) 373-3174 · Office Call to check price and availability
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