Technical
Financial
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Property profile

220 Eglin Pkwy NE Fort Walton Beach, FL 32547

FOR SALE
Office Spaces
Property ID
US18-6067688
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Property summary

AI-generated overview

This exceptional 8,450 square foot single-tenant office space is ideally situated in the vibrant Mariner Plaza, at the base of the Cinco Bayou Bridge in Fort Walton Beach, Florida (Okaloosa County, zip code 32547). The property, located at 220 Eglin Pkwy NE, offers a versatile layout suitable for various uses, including medical, traditional office, and executive office settings. Its prime location benefits from high visibility and strong foot traffic, enhanced by the presence of national retail tenants such as Dollar Tree, H&R Block, Jo-Ann Fabrics, and Ashley Furniture within the same plaza. The building is available for occupancy beginning January 1st, 2023. This presents a unique opportunity to establish a presence in a thriving commercial center with excellent access and ample parking. The property's classification as a single-tenant space ensures ease of management and control. This is an exceptional opportunity for businesses seeking a high-profile location in a well-established commercial development. The property is categorized as an office space and is suitable for medical, traditional office, and executive office uses. Further details regarding lease terms and conditions are available upon request.

Property profile

Verified
Property type Office Spaces
UPID US18-6067688

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Nursing Home
  • Physician
  • Physician
  • Physician

Location

220 Eglin Pkwy NE Fort Walton Beach, FL 32547
Fort Walton Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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