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Office Building with Community Room
For Lease
$30 SF/Yr

511 Government Avenue 200, Valparaiso, FL 32580

Office space is available for prelease in a building with a public dining facility and shared gathering space.

Space SizeContact for details
Property Size123,500 SF
Lot Size13.00 Acres
Days on Market978

Property Features for 511 Government Avenue 200

General Information

Standard status Active
Size 123,500 SF
Class A
Lot size 13.00 Acres
Property subtype Professional/Office

Space & Availability

Space Use Office
Available From Immediate

Amenities

ground floor dining facility
green space
large community room

Building Details

Building Size 123,500 SF
Year Built 2025
Listing Agency: Taylor Allen Properties LLC
Listed By: Brett D Stuart · License #678851
Source: Richardsonrealtyintl
Added: Feb 23, 2024 Changed: Oct 27 Last Checked: Oct 26 at 3:01PM

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

Rey
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Investment Insights

Based on property information with market context.

The 123,500-square-foot office building is part of a campus spanning more than 13 acres. Tenant spaces are available for prelease, with delivery planned for the fourth quarter of 2025. Shared amenities include a ground-floor dining facility open to the public, green space, and a community room with capacity for up to 300 people.

The property is near the East Gate of Eglin Air Force Base in Valparaiso, Florida.

Key Highlights

  • 123,500‑square‑foot office building
  • Tenant spaces available for prelease; delivery planned for the fourth quarter of 2025
  • Campus spans over 13 acres and includes green space

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Law Firm HVAC Service Bakery Real Estate Agency (Bike/Boat/Book/etc) 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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Valparaiso, FL

$32.4 /SF/Yr
Avg Asking Price
$30–$33 /SF/Yr
Price Range
123,500 SF
Avg Space Size

This space is priced 7% below the average of $32.4 /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 building - Office space is available for prelease in a building with a public dining facility and shared gathering space.
Where is this office building located?
The property is located at 511 Government Avenue 200 Valparaiso, FL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 123,500‑square‑foot office building; Tenant spaces available for prelease; delivery planned for the fourth quarter of 2025; Campus spans over 13 acres and includes green space
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