4400 East Highway 20 Niceville, FL 32578
Turnkey commercial property with immediate cash flow potential in Niceville.
Property Features for 4400 East Highway 20
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Property subtype
- OFFICE
Listing office MQC Investments LLC (850) 292-5818
Listing date May 4, 2026
Source Moodyscre
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 MQC Investments LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Immediate cash flow from day one with 9 of 10 suites currently leased.
- Prime location in Bluewater Bay with strong visibility and easy access.
- Turnkey asset ideal for investors seeking stability with upside potential.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $157.5k | $21.00 |
| − Vacancy | −$28.4k | −$3.78 |
| EGI | $129.2k | $17.22 |
| − OpEx | −$32.3k | −$4.31 |
| NOI | $96.9k | $12.92 |
