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Industrial Property with Corporate Lease
For Sale
Contact for pricing
Pending

654 Anchors St NW, Fort Walton Beach, FL 32548

The facility has undergone tenant-funded renovation and includes seven years remaining under a corporate lease guarantee.

Property SizeContact for details
Days on Market144

Property Features for 654 Anchors St NW

General Information

Standard status Pending
Property subtype Industrial

Building Details

Tenancy Single
Listing Agency: Northmarq - Nashville
Listed By: Jason Long · License #GA 326804
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 10:41AM

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 Northmarq - Nashville

Investment Insights

Based on property information with market context.

This industrial property at 654 Anchors St NW in Fort Walton Beach, Florida, is occupied by BAE Systems under a lease with seven years remaining and a corporate guarantee. The tenant has completed a substantial renovation of the site using its own funds, supporting continued industrial occupancy.

BAE Systems, Inc. serves as the U.S. subsidiary of BAE Systems plc, providing products and services across defense, aerospace, security, electronics, information technology, and customer support. The company holds an investment-grade BBB rating from S&P and ranked #10 among U.S. Department of Defense prime contractors in FY 2019. The property is offered for sale to qualified investors.

Key Highlights

  • Industrial property occupied by BAE Systems, Inc.
  • Seven years remaining on a corporately guaranteed lease
  • Tenant‑funded renovation completed at the site

Property Analytics

Current Use

BAE Systems Corporate Office

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service Building Supply Garden Center Bakery

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

597
Businesses Nearby

Demographics for 32548, FL

22,399
Population
14,040
Households
1.6
Avg Household Size
42
Median Age
31%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
1,851
Density / Sq Mi
$63,857
Median Household Income
$37,725
Median Earnings
$1,281
Median Rent
$291,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - The facility has undergone tenant-funded renovation and includes seven years remaining under a corporate lease guarantee.
Where is this industrial property located?
The property is located at 654 Anchors St NW Fort Walton Beach, FL.
What are key features of this property?
This property features: Industrial property occupied by BAE Systems, Inc.; Seven years remaining on a corporately guaranteed lease; Tenant‑funded renovation completed at the site
More about this property
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