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New Retail and Office Building
For Lease
$1,559/Mo
Pending

2-200 W James Lee Blvd, Crestview, FL 32536

New construction on Hwy 90 offers flexible retail or office space with negotiable build-out support.

Space SizeContact for details
Days on Market655

Property Features for 2-200 W James Lee Blvd

General Information

Standard status Pending

Additional Details

Highway Access Yes
Listing Agency: RE/MAX Agency One
Listed By: Richard L Gray · License #3570936
Source: Exprealty
Added: Dec 3, 2024 Changed: Sep 13 Last Checked: Sep 18 at 12:06PM

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 RE/MAX Agency One

Investment Insights

Based on property information with market context.

This brand-new building is nearly complete and being marketed as a clean slate for retail, with retail/office flexibility considered for the right tenant. The space is available for lease and is positioned for new build-out, subject to approval. The seller is willing to negotiate the build-out process and can also allow a tenant to build out to their plans, based on approval.

The property is located right off Hwy 90 at 2-200 W James Lee Blvd in Crestview, Florida. It is also described as being near a new I-10 interstate connection at Old Bethel, which can support drivers looking for commercial services along the corridor.

For operators who need the ability to shape the interior to their concept, this offering provides an early opportunity in a near-complete, newly constructed facility. The remarks also indicate that there is planned auto accessories development next door, which the seller cites as reducing direct competition for auto accessories users. Tenants considering retail or office use should bring their plans and coordinate with the seller on build-out terms and approvals.

Key Highlights

  • New construction on Hwy 90 near the new I‑10 connection at Old Bethel
  • Commercial retail and/or office space available for lease right off Hwy 90
  • Construction is almost complete and available for retail

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store HVAC Service Computer & Electronic Repair Grocery & Convenience Store Auto Parts 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

984
Businesses Nearby
82k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 32% Home Improvements & Furnishings 16% Electronics 2%
McDonald's Dining
22,661 visits/mo 0.2 miles
Dollar General Shops & Services
15,303 visits/mo 0.3 miles
Tractor Supply Co. Home Improvements & Furnishings
12,303 visits/mo 0.3 miles
Burger King Dining
8,981 visits/mo 0.1 miles
Wells Fargo Shops & Services
6,754 visits/mo 0.2 miles

Demographics for 32536, FL

25,807
Population
9,379
Households
2.8
Avg Household Size
34
Median Age
27%
College-Educated
93%
High-School Grad
42.5 sq mi
ZIP Area
607
Density / Sq Mi
$82,643
Median Household Income
$40,845
Median Earnings
$1,351
Median Rent
$280,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New construction on Hwy 90 offers flexible retail or office space with negotiable build-out support.
Where is this retail space located?
The property is located at 2-200 W James Lee Blvd Crestview, FL.
What is the lease rate?
The lease rate is $1,559/Mo.
What are key features of this property?
This property features: New construction on Hwy 90 near the new I‑10 connection at Old Bethel; Commercial retail and/or office space available for lease right off Hwy 90; Construction is almost complete and available for retail
More about this property
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