162 Eglin Pkwy NE Fort Walton Beach, FL 32548

Listing agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Glen Kunofsky · License #NY 49KU1129178

Source Crexi

Added: Apr 11 Updated: Jul 21 at 4:10AM Checked: Jul 22 at 6:44AM

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Investment Insights

Based on property information with market context.

NNN Pro Group is pleased to present an exclusive Caliber Car Wash offering at 162 Eglin Pkwy NE in Fort Walton Beach, FL. The property includes approximately 2,373 rentable square feet of building space on an estimated 0.51-acre parcel. The site is operated under a 20-year absolute triple-net (NNN) lease that commenced on March 1, 2022.

Current annual rent is $195,895, with scheduled 1.50% annual increases throughout the base term and into the 1- and 5-year renewal option. The property is being offered for sale as an NNN investment with tenant responsibility for applicable expenses under the lease structure.

Key Highlights

• Single‑tenant Caliber Car Wash at 162 Eglin Pkwy NE in Fort Walton Beach
• ~2,373 rentable SF building on an estimated 0.51‑acre parcel
• 20‑year absolute triple‑net (NNN) lease commenced March 1, 2022

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FAQs

What type of property is this?

Car wash - Single-tenant car wash is offered with a 20-year absolute NNN lease in Fort Walton Beach.

Where is this car wash located?

The property is located at 162 Eglin Pkwy NE Fort Walton Beach, FL.

What are key features of this property?

This property features: Single‑tenant Caliber Car Wash at 162 Eglin Pkwy NE in Fort Walton Beach; ~2,373 rentable SF building on an estimated 0.51‑acre parcel; 20‑year absolute triple‑net (NNN) lease commenced March 1, 2022