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Professional Office Unit
For Lease
$15 SF/Yr

124 Highway 98 #402, Mary Esther, FL 32569

A suite in a professional office park offers flexible commercial space in Mary Esther.

Space Size1,077 SF
Days on Market621

Property Features for 124 Highway 98 #402

General Information

Standard status Active
Size 1,077 SF
Net Rentable 1,077 SF

Space & Availability

Available Space 1,077 SF
Contiguous Space 1,077 SF
Space Use Office

Building Details

Building Size 1,077 SF
Year Built 2001
Listing Agency: NBI Properties Inc
Listed By: Craig S Barrett · License #3294646
Source: Emeraldgulfrealty
Added: Feb 11, 2025 Changed: Oct 23 Last Checked: Oct 23 at 5:46PM

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 NBI Properties Inc

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Investment Insights

Based on property information with market context.

This 1,077-square-foot office unit is part of a professional office park in Mary Esther. Built in 2001, the space is available for rent and is presented as suitable for a range of professional uses.

The property is just east of Hurlburt AFB, with an address on Highway 98.

Key Highlights

  • 1,077 SF office unit
  • Located in a professional office park
  • Built in 2001

Property Analytics

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Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Building Supply Electrical Service Gym & Fitness Center Dental Office Grocery & Convenience Store

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby

Demographics for 32569, FL

12,378
Population
5,795
Households
2.1
Avg Household Size
38
Median Age
40%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
2,947
Density / Sq Mi
$73,762
Median Household Income
$43,832
Median Earnings
$1,456
Median Rent
$296,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Mary Esther, FL

$16.84 /SF/Yr
Avg Asking Price
$11.49–$22 /SF/Yr
Price Range
3,067 SF
Avg Space Size

This space is priced 11% below the average of $16.84 /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

Frequently Asked Questions

What type of property is this?
Office unit - A suite in a professional office park offers flexible commercial space in Mary Esther.
Where is this office unit located?
The property is located at 124 Highway 98 #402 Mary Esther, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 1,077 SF office unit; Located in a professional office park; Built in 2001
More about this property
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