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Retail-Center Office Suite
For Lease
$2,200/Mo

4550 E Hwy 20 #UNIT J, Niceville, FL 32578

Class B office space previously used by a regional title company for a decade.

Space SizeContact for details
Days on Market1128

Property Features for 4550 E Hwy 20 #UNIT J

General Information

Standard status Active
Class B
Zoning Commercial

Space & Availability

Space Use Office
Condition Turnkey

Building Details

Year Built 1998
Listing Agency: NBI Properties Inc
Listed By: Dennis Fortenberry · License #627640
Source: Emeraldgulfrealty
Added: Sep 23, 2023 Changed: Oct 23 Last Checked: Oct 23 at 5:58PM

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 NBI Properties Inc

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Unit J is a Class B office space in Bluewater Bay Neighborhood Retail Center in Niceville. Built in 1998, the unit was occupied by a regional title company for the previous 10 years.

The center includes CVS and Walgreens pharmacies, Winn-Dixie, and Whataburger, with nationally recognized anchor tenants at both ends. The property address is 4550 E Hwy 20, Niceville, Florida.

Key Highlights

  • Class B office unit in Bluewater Bay Neighborhood Retail Center
  • Built in 1998
  • Previously served a regional title company for 10 years

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Real Estate Agency Electrical Service Restaurant Garden Center Carpet & Flooring 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

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 32578, FL

35,075
Population
14,578
Households
2.4
Avg Household Size
42
Median Age
45%
College-Educated
97%
High-School Grad
23.2 sq mi
ZIP Area
1,512
Density / Sq Mi
$105,858
Median Household Income
$52,028
Median Earnings
$1,744
Median Rent
$414,900
Median Home Value

Market

Lease Benchmarks for Niceville, FL

$17.75 /SF/Yr
Avg Asking Price
$15–$23 /SF/Yr
Price Range
29,876 SF
Avg Space Size

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 - Class B office space previously used by a regional title company for a decade.
Where is this office unit located?
The property is located at 4550 E Hwy 20 #UNIT J Niceville, FL.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Class B office unit in Bluewater Bay Neighborhood Retail Center; Built in 1998; Previously served a regional title company for 10 years
More about this property
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