Listing Agency: NBI PROPERTIES INC c***@nbiproperties.com Show Phone

Listed By: CRAIG S BARRETT · License #3294646

Source: Corcoran

Added: Apr 12, 2023 Changed: Aug 9 Last Checked: Aug 9 at 8:54PM

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Investment Insights

Based on property information with market context.

This Class A office space features a reception area. The property size is 1432 square feet. Utilities are pro-rata, and there are no CAM fees.

Key Highlights

• Class A Office Space
• Reception Area included
• Pro‑rata Utilities

Property Analytics

Property Profile

Current Use

POLY, Inc. General Contractor

Suggested Use

Top Pick Restaurant Hair Salon HVAC Service Plumbing Service Furniture & Home Goods Garden Center

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

Lease Details

NNN (Triple Net)

Lease Type

$3.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

34

Businesses Nearby

Explore this area Business Placement

Demographics for 32579, FL

10,444

Population

5,130

Households

2

Avg Household Size

46

Median Age

48%

College-Educated

95%

High-School Grad

3.5 sq mi

ZIP Area

2,984

Density / Sq Mi

$98,014

Median Household Income

$46,926

Median Earnings

$1,582

Median Rent

$430,400

Median Home Value

Market

Lease Benchmarks for Shalimar, FL

$18.76 /SF/Yr

Avg Asking Price

$17–$24.3 /SF/Yr

Price Range

2,481 SF

Avg Space Size

This space is priced 29% above the average of $18.76 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Class A office space for rent with reception area.

Where is this office units located?

The property is located at 102 Sunset Lane Shalimar, FL.

What is the lease rate?

The lease rate is $2,900/Mo.

What are key features of this property?

This property features: Class A Office Space; Reception Area included; Pro‑rata Utilities