NNN Leased Investment
123 Hollywood Blvd NE Fort Walton Beach, FL 32548
123 Hollywood Blvd NE, Fort Walton Beach, FL, 32548
$2,676,797
For Sale
$2,676,797
NNN leased investment property with a strong tenant and location.
Lot Size0.58 Acres
Days on Market111
Property Features for 123 Hollywood Blvd NE
General Information
- Standard status
- Active
- Lot size
- 0.58 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing Agency
Bellcore Commercial
(850) 240-0527
Listed by
Harry Bell Jr. · License #FL #BK3026917
(850) 240-0527
Source
Bellcorecommercial
Added: Apr 1 Updated: Jul 10 at 1:15 pm Checked: Jul 19 at 4:07 am
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 Bellcore Commercial
Investment Insights
Based on property information with market context.
This +/- 0.582-acre property features a standalone building currently under a NNN lease. The single-tenant building is occupied by Safelite AutoGlass, ensuring a stable lease arrangement. Safelite has invested approximately $800,000 in improvements to the building and has a 3% annual rent increase. The property benefits from direct visibility from Hollywood Blvd. Situated near the core retail trade area, the property boasts convenient access to Eglin Pkwy SE, with a traffic volume of 37,000 AADT. The surrounding area is populated by well-known retailers and restaurants, including Party City, CVS, Dollar Tree, Ulta Beauty, Family Dollar, Waffle House, McDonald's, Chick-fil-A, and Five Guys. The property is zoned GC Commercial.
Key Highlights
- Stable NNN lease with Safelite AutoGlass, providing consistent income.
- Safelite invested approximately $800,000 in building improvements, indicating tenant commitment.
- 3% annual rent increase built into the Safelite lease.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Safelite AutoGlass
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- G & J Tire Service — 113 Tupelo Ave SE, Fort Walton Beach, FL 32548
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FAQs
What type of property is this?
Auto shop - NNN leased investment property with a strong tenant and location.
Where is this auto shop 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 $2,676,797.
What are key features of this property?
This property features: Stable NNN lease with Safelite AutoGlass, providing consistent income.; Safelite invested approximately $800,000 in building improvements, indicating tenant commitment.; 3% annual rent increase built into the Safelite lease.
