Bluewater Bay Retail/Office
4506-4546 HWY 20 E & 1501 Merchants Way, Niceville, FL 32578
Retail, restaurant, and office spaces available in Niceville, Florida.
Type:Grocery Anchored Shopping Center & Office Complex
Property size:
105,599 SF- Added:
- Nov 21, 2025
- Days on Market:
- 190
- Last Refresh:
- May 8 at 8:14 pm
Property Features for 4506-4546 HWY 20 E & 1501 Merchants Way
General Information
- Standard status
- Active
- Size
- 105,599 SF
- Property subtype
- Grocery Anchored Shopping Center & Office Complex
Spaces For Lease
at 4506-4546 HWY 20 E & 1501 Merchants Way Contact us
Listing agent Harry Bell Jr. License #AL #000078384-1 (850) 240-0527
Listing office Bellcore Commercial LLC (850) 240-0527
Listing date Nov 21, 2025
Source Bellcorecommercial
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 Bellcore Commercial LLC
HighLights
- Winn‑Dixie anchored shopping center in a desirable location.
- High traffic counts (over 28,500 VPD) and excellent visibility from Hwy 20.
- Located in the heart of the Bluewater Bay market within the highly desirable Niceville trade area.
- Strong demographics: Average household income over $103,015 within a 5‑mile radius.
- Ample parking and excellent pylon signage available.
- Flexible space options: Up to 2,500 SF of restaurant space and 1,200 - 2,500 SF of office/retail space; Landlord will consider subdividing.
Overview
Located in the Winn-Dixie anchored shopping center in Bluewater Bay, this property offers prime retail, restaurant, and office space. The Bluewater Bay shopping center features over 105,599 square feet of retail, restaurant, and office space. Situated in the desirable Niceville trade area, the location provides excellent visibility from Highway 20, the main arterial in Niceville, which experiences high traffic counts of over 28,500 vehicles per day. Ample parking and pylon signage are available. The landlord is willing to consider subdividing the spaces. The center is located in the heart of the Bluewater Bay market in Niceville, Florida, benefiting from the area's strong housing market and economy. This is due to its proximity to one of the world's largest air force bases, the hospital, Northwest Florida College, highly-rated schools, the Destin/Ft Walton airport, and numerous new developments. Restaurant space is available up to 2,500 square feet, with office/retail spaces ranging from 1,200 to 2,500 square feet. The average household income within a 5-mile radius exceeds $103,015.
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Places Nearby
- Coinstar Kiosk | Bitcoin ATM — 4512 E Hwy 20, Niceville, FL 32578
Location Insight
- Map
- Local Demand
- City
- Niceville
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.4185
- Latitude
- 30.4881
Nearby Similar for Lease
FAQs
What type of property is this?
Shopping center - Retail, restaurant, and office spaces available in Niceville, Florida.
Where is this shopping center located?
The property is located at 4506-4546 HWY 20 E & 1501 Merchants Way Niceville, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Winn‑Dixie anchored shopping center in a desirable location.; High traffic counts (over 28,500 VPD) and excellent visibility from Hwy 20.; Located in the heart of the Bluewater Bay market within the highly desirable Niceville trade area.
