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Freestanding Office Building
For Lease
$16,640/Mo

5131 S Ferdon Boulevard, Crestview, FL 32536

The former bank configuration includes drive-through service and supports office, medical, banking, or retail use.

Space Size6,260 SF
Lot Size1.62 Acres
Days on Market1172

Property Features for 5131 S Ferdon Boulevard

General Information

Standard status Active
Size 6,260 SF
Net Rentable 6,260 SF
Lot size 1.62 Acres
Zoning commercial

Space & Availability

Available Space 6,260 SF
Contiguous Space 6,260 SF
Sublease No

Additional Details

Drive-Thru Yes

Building Details

Building Size 6,240 SF
Year Built 2009
Listing Agency: Taylor Allen Properties LLC
Listed By: Chad Knaepple · License #3050854
Source: Emeraldgulfrealty
Added: Aug 10, 2023 Changed: Oct 23 Last Checked: Oct 23 at 3:15PM

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

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Investment Insights

Based on property information with market context.

This freestanding office property in Crestview was built in 2009 and occupies a 1.62-acre site. Its former bank configuration includes a four-car drive-through, with ample on-site parking. Commercial zoning is in place, and the property is presented for lease for office or retail use, including medical office and banking users.

The building is at the signalized intersection of S Ferdon Boulevard and PJ Adams Parkway. Reported daily traffic is 41,500 vehicles on S Ferdon Boulevard and 19,500 on PJ Adams Parkway. North Okaloosa Medical Center, Walmart Supercenter, and Interstate 10 are within two miles. Nearby businesses include Lowe’s, Publix, McDonald’s, AT&T, Chick-fil-A, and Starbucks.

Key Highlights

  • 1.62‑acre commercial site at 5131 S Ferdon Boulevard, Crestview, FL
  • Former bank building with a four‑car drive‑through
  • Signalized intersection of S Ferdon Boulevard and PJ Adams Parkway

Property Analytics

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Current Use

Crestview Welcome + Adventure ... Travel Agency Beach Mortgage Loan Service

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Restaurant Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby

Demographics for 32536, FL

25,807
Population
9,379
Households
2.8
Avg Household Size
34
Median Age
27%
College-Educated
93%
High-School Grad
42.5 sq mi
ZIP Area
607
Density / Sq Mi
$82,643
Median Household Income
$40,845
Median Earnings
$1,351
Median Rent
$280,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

Frequently Asked Questions

What type of property is this?
Office building - The former bank configuration includes drive-through service and supports office, medical, banking, or retail use.
Where is this office building located?
The property is located at 5131 S Ferdon Boulevard Crestview, FL.
What is the lease rate?
The lease rate is $16,640/Mo.
What are key features of this property?
This property features: 1.62‑acre commercial site at 5131 S Ferdon Boulevard, Crestview, FL; Former bank building with a four‑car drive‑through; Signalized intersection of S Ferdon Boulevard and PJ Adams Parkway
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