251 Mary Esther Blvd, Mary Esther, FL 32569-1678
Market Place of Santa Rosa presents a prime retail investment opportunity in the thriving Mary Esther, Florida market. This single-story, 87,250 square foot shopping center, built in 1983, is situated on a one-acre lot at 251 Mary Esther Boulevard, directly across from the Santa Rosa Mall. The property boasts a highly visible location on a major thoroughfare, Mary Esther Boulevard, a key corridor in Fort Walton Beach, ensuring excellent exposure to a large volume of traffic. The center features convenient access with three points of ingress and egress. Currently, there is 13,384 square feet of vacant space available, divisible into units as small as 1,200 square feet and with a maximum contiguous space of 8,384 square feet. The property is zoned C-2, making it suitable for a variety of retail uses. The center is anchored by a grocery store, providing a strong draw for customers. This presents a unique chance to establish or expand a business within a well-established and successful shopping center, benefiting from the existing high traffic volume and strong neighborhood presence. The property's location and features make it an ideal choice for businesses seeking high visibility and convenient access in a bustling retail environment. The Okaloosa County location offers a strong demographic profile and a growing consumer base. This is a rare opportunity to secure retail space in a highly desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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