510 HWY 90 W, Holt, FL 32564
For sale absolute NNN retail store with approximately 5.5 years remaining under an existing lease.
- Added:
- Jun 16, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 20 at 8:15 am
Property Features for 510 HWY 90 W
General Information
- Standard status
- Active
- Size
- 9,266 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2017
Listing agent Reid Thedford License #FL SL3442474
Listing office Marcus & Millichap
Listing date Jun 16, 2026
Source Crexi
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 Marcus & Millichap
HighLights
- 2017‑built retail store offered as an absolute NNN lease property.
- Approximately 5.5 years remaining under the existing lease.
Overview
The property size is listed at 9,266 square feet. No additional unit mix, configuration details, or site attributes were provided beyond the store’s retail use and the absolute NNN structure.
For buyers evaluating NNN retail exposure, the key underwriting focus will be the absolute NNN expense responsibility structure and the stated time remaining on the lease. With the property positioned as a leased storefront rather than a redevelopment candidate, it may align with investors seeking a retail asset where ongoing occupancy is already established through the remaining lease term. The information provided does not include tenant identity, lease dates, or renewal options, so prospective buyers should confirm those items directly during diligence.
Local Financial Insights For Retail
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 | $205.7k | $22.20 |
| − Vacancy | −$15.4k | −$1.67 |
| EGI | $190.3k | $20.54 |
| − OpEx | −$57.1k | −$6.16 |
| NOI | $133.2k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Holt
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.7491852
- Latitude
- 30.7137784
