800 Falcon Pl, Fort Walton Beach, FL 32547-2413
This exceptional 4,701 square foot daycare center in Fort Walton Beach presents a unique sublease opportunity, extending until February 28, 2030. The property, built in 1977 and renovated in 1995, sits on a 0.46-acre lot and offers ample parking, ensuring convenient access for both children and staff. Currently vacant, this single-tenant building is ideally situated near major retail destinations including Publix, Walmart, and Lowe's, providing excellent visibility and convenience for parents. The modified gross lease is priced at $12.27 per square foot. Its location offers easy access to Eglin Parkway Bridge, providing convenient access to Shalimar. The property's prime location near residential communities and major retailers makes it an attractive investment for a childcare operator seeking a well-established and easily accessible facility. The building's layout is designed to accommodate a daycare operation, and the ample parking ensures a smooth drop-off and pick-up process. This is a turnkey opportunity for an established childcare provider looking to expand or relocate to a high-traffic area with strong community ties. The existing lease provides a long-term commitment, minimizing risk and maximizing return on investment. Utilities are the responsibility of the sub-lessee.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.