107 Truxton Ave Fort Walton Beach, FL 32547
8700 SF flex space with office and warehouse.
Property Features for 107 Truxton Ave
General Information
- Standard status
- Active
- Size
- 8,700 SF
- Lot size
- 0.44 Acres
- Property subtype
- FLEX_R_AND_D
Listing office NBI Properties, Inc. (850) 217-0303
Listing date Apr 12, 2024
Source Moodyscre
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.
Investment Insights
Based on property information with market context.
Key Highlights
- 8700 SF Flex space with 4000 SF office
- Warehouse boasts two 14' x 16' electric rollup doors and 22' ceilings
- Fenced‑in yard with electric gate
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.1k | $8.40 |
| − Vacancy | −$3.5k | −$0.40 |
| EGI | $69.6k | $8.00 |
| − OpEx | −$10.4k | −$1.20 |
| NOI | $59.1k | $6.80 |
