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Class A Office Building
For Lease
$30 SF/Yr

511 Government Ave 100 A, Valparaiso, FL 32580

New Class A office building near Eglin AFB for rent.

Space SizeContact for details
Property Size123,500 SF
Lot Size13.47 Acres
Days on Market267

Property Features for 511 Government Ave 100 A

General Information

Standard status Active
Size 123,500 SF
Lot size 13.47 Acres
Property subtype Commercial

Building Details

Building Size 123,500 SF
Year Built 2025
Listing Agency: Taylor Allen Properties LLC
Listed By: Brett D Stuart · License #678851
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 9 Last Checked: Aug 8 at 11:22AM

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 Taylor Allen Properties LLC

Investment Insights

Based on property information with market context.

The Okaloosa Gas District Administration Building is a new Class 'A' office building designed to revitalize Valparaiso. Situated on over 13 acres, the campus includes updated facilities for Okaloosa Gas operations, HR, and training. Designed with the latest technology, safety features, and comfort, the Administration Building is suitable for staff and other businesses. Its location near the East Gate of Eglin AFB provides access to defense contractors seeking a professional working environment. Common elements include a ground floor dining facility open to the public, green space, and a large community room. The intended use of the property is for office space, and it is expected to bring hundreds of jobs to the area.

Key Highlights

  • New Class 'A' Office building with state‑of‑the‑art technology and design.
  • Located near Eglin AFB East Gate, ideal for defense contractors.
  • Includes updated facilities for operations, HR, and training.

Property Analytics

Current Use

Office buildings

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

405
Businesses Nearby

Demographics for 32580, FL

4,120
Population
1,936
Households
2.1
Avg Household Size
41
Median Age
38%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
528
Density / Sq Mi
$85,385
Median Household Income
$50,546
Median Earnings
$1,268
Median Rent
$348,600
Median Home Value

Market

Lease Benchmarks for Valparaiso, FL

$30.6 /SF/Yr
Avg Asking Price
$30–$33 /SF/Yr
Price Range
4,062 SF
Avg Space Size

This space is priced 2% below the average of $30.6 /SF/Yr.

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 building - New Class A office building near Eglin AFB for rent.
Where is this office building located?
The property is located at 511 Government Ave 100 A Valparaiso, FL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: New Class 'A' Office building with state‑of‑the‑art technology and design.; Located near Eglin AFB East Gate, ideal for defense contractors.; Includes updated facilities for operations, HR, and training.
More about this property
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