516 Mary Esther Cut Off NW, Fort Walton Beach, FL 32548

This commercial real estate offers a two-tenant investment opportunity featuring Aspen Dental and Dunkin’ with a drive-thru. Both tenants operate on triple-net (NNN) leases with a weighted average lease term remaining of approximately 6.75 years. Both tenants have operated at this site for over 13 years and exercised ten-year extensions at the end of their initial terms. Aspen Dental, founded in 1998, is the largest branded dental organization in the world with more than 1,100 independent offices across approximately 47 states. Dunkin’, founded in 1950, is the largest coffee and donuts brand in the United States with more than 14,000 restaurants across the world. The property is located on an approximately 1-acre parcel with visibility and frontage at the lighted intersection of Mary Esther Cut Off and Lovejoy Rd, which sees approximately 31,700 vehicles per day. The location benefits from the nearby Hurlburt Field and Eglin Air Force Base, which supports over 42,000 individuals. Sun Plaza, approximately 2 minutes from the property, attracts approximately 2.6 million visitors annually and is anchored by Publix, Aldi, and TJ Maxx. The Santa Rosa Mall, approximately 3 minutes from the property, is being redeveloped into a mixed-use destination that will feature a grocery store, restaurants, retail shops, and approximately 206 multifamily units. Fort Walton Beach High School with approximately 1,558 students is approximately 4 minutes from the property. The property size is 5,050 square feet.