New Class A Office
For Lease
$30 SF/Yr
400-b-511 Government Ave, Valparaiso, FL 32580
State-of-the-art office building near Eglin AFB, available 2025.
Space SizeContact for details
Lot Size13.00 Acres
Days on Market919
Property Features for 400-b-511 Government Ave
General Information
Standard status
Active
Lot size
13.00 Acres
Listing Agency:
Taylor Allen Properties LLC
(850) 865-9123
Listed By:
Brett D Stuart · License #678851
(850) 865-9123
Source:
Exprealty
Added: Feb 23, 2024
Changed: Aug 21
Last Checked: Aug 29 at 1:58PM
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 Taylor Allen Properties LLC
Investment Insights
Based on property information with market context.
The Okaloosa Gas District Administration Building is a new Class 'A' office building intended to revitalize Valparaiso. The campus spans over 13 acres and includes updated facilities for Okaloosa Gas operations, HR, and training. Designed with the latest technology, safety features, and comfort, the Administration Building is suitable for staff and other businesses. Its location near the East Gate of Eglin AFB provides access to defense contractors seeking a professional working environment. Common elements include a ground floor dining facility open to the public, green space, and a large community room that can accommodate up to 300 people for events. Tenant spaces are available for prelease, with building delivery planned for the 4th quarter of 2025.
Key Highlights
- New Class 'A' Office building in Valparaiso, bringing hundreds of jobs to the area.
- Located near the East Gate of Eglin AFB, providing access to defense contractors.
- Includes updated facilities for Okaloosa Gas operations, HR, and training.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Explore this area
Business Placement
Demographics for 32580, FL
4,120
Population
1,936
Households
2.1
Avg Household Size
41
Median Age
38%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
528
Density / Sq Mi
$85,385
Median Household Income
$50,546
Median Earnings
$1,268
Median Rent
$348,600
Median Home Value
Market
Lease Benchmarks for Valparaiso, FL
$30.6 /SF/Yr
Avg Asking Price
$30–$33 /SF/Yr
Price Range
4,062 SF
Avg Space Size
This space is priced 2% below the average of $30.6 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - State-of-the-art office building near Eglin AFB, available 2025.
Where is this office building located?
The property is located at 400-b-511 Government Ave Valparaiso, FL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: New Class 'A' Office building in Valparaiso, bringing hundreds of jobs to the area.; Located near the East Gate of Eglin AFB, providing access to defense contractors.; Includes updated facilities for Okaloosa Gas operations, HR, and training.
