New Class A Office
For Lease
$30 SF/Yr
511 Government Ave 400 B, Valparaiso, FL 32580
State-of-the-art office building near Eglin AFB.
Space SizeContact for details
Property Size123,500 SF
Lot Size13.47 Acres
Days on Market267
Property Features for 511 Government Ave 400 B
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
(850) 865-9123
Listed By:
Brett D Stuart · License #678851
(850) 865-9123
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 9
Last Checked: Aug 8 at 11:46AM
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 located in Valparaiso, Florida. 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 considerations, the Administration Building is suitable for various businesses. Its location near the East Gate of Eglin AFB provides access for defense contractors seeking a professional working environment. Common elements of the property include a ground floor dining facility open to the public, green space, and a large community room. The building is intended to revitalize Valparaiso and bring jobs to the area.
Key Highlights
- New Class 'A' Office Building: State‑of‑the‑art construction.
- Proximity to Eglin AFB: Ideal for defense contractors.
- Campus Environment: Over 13 acres with updated facilities.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Office building - State-of-the-art office building near Eglin AFB.
Where is this office building located?
The property is located at 511 Government Ave 400 B 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: State‑of‑the‑art construction.; Proximity to Eglin AFB: Ideal for defense contractors.; Campus Environment: Over 13 acres with updated facilities.
