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For Sale

Investment Property For Sale

123 Hollywood Blvd NE,
Fort Walton Beach, FL 32548

Asset Snapshot

2006
Year Built
2023
Year Renovated
1
Floor Count
1
Building Count
100%
Occupancy

Offering Summary

Investment Overview

+/- 0.582 acres, featuring a standalone building currently under an NNN lease. Safelite has a 3% annual rent increase and has invested approximately $800,000 in improvements to the building. Situated near the core retail trade area, the property boasts convenient access to Eglin Pkwy SE, with a traffic volume of 37,000 AADT. Safelite AutoGlass currently occupies the single-tenant building, ensuring a stable lease arrangement. The surrounding area is populated by well-known retailers and restaurants, including Party City, CVS, Dollar Tree, Ulta Beauty, Family Dollar, Waffle House, McDonald's, Chick-fil-A, Five Guys, and more.


Investment Highlights

  • Direct visibility from Hollywood Blvd
  • Investment property
  • Tenant recently invested $800K into the building
  • Zoned: GC Commercial

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Listing Syndicated From

Buildout
For Sale
$2,536,500
Asking Price