Building Details

Year Built 1975

Listing Agency: NBI PROPERTIES INC Show Phone

Listed By: CRAIG S BARRETT · License #3294646 Show Phone

Source: Corcoran

Added: Oct 5 Changed: Oct 7 Last Checked: Oct 9 at 7:57PM

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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

Investment Insights

Based on property information with market context.

This office unit is identified as Suite 4 at 24 NW Hollywood Boulevard in Fort Walton Beach. The property was built in 1975.

Key Highlights

• Office suite at 24 NW Hollywood Boulevard, Suite 4
• Property built in 1975

Property Analytics

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Current Use

Alcoholics Anonymous Social Service Agency AB Experts Group, ... Real Estate Agency AB+Production Advertising Agency Erika Slatzer Physician Tehra Mcclellan, MS Physician

Suggested Use

Top Pick Parking Lot & Garage Locksmith Catering Service Pet Grooming Service Pharmacy (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

Location Intelligence

Trade Area within ½ mile

1,545

Businesses Nearby

Explore this area Business Placement

Demographics for 32548, FL

22,399

Population

14,040

Households

1.6

Avg Household Size

42

Median Age

31%

College-Educated

91%

High-School Grad

12.1 sq mi

ZIP Area

1,851

Density / Sq Mi

$63,857

Median Household Income

$37,725

Median Earnings

$1,281

Median Rent

$291,000

Median Home Value

Market

Lease Benchmarks for Fort Walton Beach, FL

$11.88 /SF/Yr

Avg Asking Price

$1.2–$17.69 /SF/Yr

Price Range

12,233 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

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Frequently Asked Questions

What type of property is this?

Office units - A commercial office unit at 24 NW Hollywood Boulevard in Fort Walton Beach.

Where is this office units located?

The property is located at 24 NW Hollywood Boulevard #4 Fort Walton Beach, FL.

What is the lease rate?

The lease rate is $1,450/Mo.

What are key features of this property?

This property features: Office suite at 24 NW Hollywood Boulevard, Suite 4; Property built in 1975