4641 State Highway 20 Niceville, FL 32578
Offered for sale, this 3,000 SF free-standing retail building presents an investment opportunity with strong long-term appeal. Built in 2021, the property features an efficient layout, durable finishes, and ample space for customization. The building can be easily subdivided to create two separate retail or service spaces, providing flexibility for multi-tenant occupancy. The building’s standalone design supports prominent branding, flexible tenant configurations, and streamlined operations, making it ideal for owner-users or investors. The Seller is willing to structure the transaction as a 10-year NNN sale-leaseback, creating an attractive opportunity for investors seeking stable long-term cash flow. Its strategic location offers unparalleled visibility and accessibility, positioning it as a premier destination for retail businesses seeking to make a mark in this high-traffic area. This property presents a compelling chance to capitalize on the dynamic commercial landscape of Niceville. Take advantage of this exceptional offering and elevate your investment portfolio with this standout retail property. Strategic location in Niceville High visibility for retail businesses Ample space for customization Easily subdivided to create two spaces Prime investment opportunity Seller Willing to Execute a 10-Year NNN Sale-Leaseback
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.