Building Details

Year Built 2007

Listed By: Terry Koehn Show Phone

Added: Jan 23, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 3,000 square foot, two-story medical office building is located in Crestview, Florida. The property is situated just off S Ferdon Blvd and adjacent to the North Okaloosa Medical Campus, providing visibility and accessibility. Currently occupied by Panhandle Orthopaedics, the building features multiple exam rooms and private offices. A spacious breakroom and kitchen add to the functionality. The building's proximity to the North Okaloosa County Medical Center makes it an option for medical professionals seeking a location within a healthcare hub. The building's design and amenities make it suited for a variety of medical specialties. It is located near North Okaloosa Medical Center.

Property Analytics

Current Use

Medical Office Space

Lease Details

NNN (Triple Net)

Lease Type

$2.93 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

62

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 32539, FL

31,749

Population

12,642

Households

2.5

Avg Household Size

37

Median Age

24%

College-Educated

93%

High-School Grad

127.9 sq mi

ZIP Area

248

Density / Sq Mi

$72,521

Median Household Income

$40,064

Median Earnings

$1,323

Median Rent

$272,300

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Two-story medical office building

Where is this medical office space located?

The property is located at 710 Hospital Dr Crestview FL 32539 Crestview, FL.

What is the lease rate?

The lease rate is $19.50 SF/Yr.