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Property profile & analytics
FOR LEASE
Outlet malls

99 Eglin Pkwy SE Fort Walton Beach, FL 32548

28,074 SF 18.52 ac lot Built 1963
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-3212760
Property summary
AI-generated overview

This exceptional opportunity presents 46,240 square feet of vacant retail space within the 300,000-square-foot Uptown Station Shopping Center in Fort Walton Beach, Florida. Located on Eglin Parkway, a major thoroughfare boasting over 40,000 vehicles daily, this power center enjoys unparalleled visibility and exposure. The property is zoned COM and offers spaces ranging from a minimum of 1,200 contiguous square feet to a maximum of 7,311 contiguous square feet, with eight spaces currently available. Uptown Station benefits from a strong tenant mix, including national brands such as Ross Dress for Less, Ulta Beauty, Five Below, West Marine, Aldi, Buffalo Wild Wings, Five Guys, Starbucks, and Firehouse Subs, creating a vibrant and attractive shopping environment. Its prime location in the Mary Esther/Fort Walton Beach market, a popular tourist destination and home to Eglin Air Force Base, ensures a consistent flow of customers. This is an ideal location for businesses seeking high visibility and access to a large consumer base in a thriving retail environment. The property's APN is 13-2S-24-0000-0008-0000, and it's situated in Okaloosa County. This offering presents a rare chance to establish or expand your business within a successful and well-established shopping center.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 28,074 SF
Lot 18.52 ac (806,731 SF)
APN 13-2S-24-0000-0008-0000
UPID US18-3212760
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • West Marine Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
  • Pet Supermarket (Bike/Boat/Book/etc) Store Pet Store
  • Tokyo Express Food Restaurant
  • Enterprise Rent-A-Car Car Rental Facility
  • Kim's Korean Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.21M
Comparable Approach Comparable
$6.08M
Blend (final) Blend
$5.45M
Owner & transaction history
Uptown Station Investors LLC · 14 yrs held
Uptown Station Investors LLC
since 2011
4 recorded transactions
2011
$22.8M
2008
Price N/A
1997
$8.8M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $6.4M +35.7%
Restaurant $6.4M +35.1%
Commercial (general) $5.1M +8.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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