Freestanding ~ Income Producing Showroom / Warehouse

Investment Overview

Freestanding, Income producing asset occupied by Wesco Gas. They are a successful regional tenant servicing Propane Gas needs for the area. They have 12 total stores under management in the Southeast. Highly visible location along Racetrack Road in Fort Walton Beach, FL. This freestanding building has great curb appeal and is very functional for many different business types. Glass storefront with open showroom, new LVP flooring, several offices, kitchen/ break area, 2 restrooms and rear warehouse with two roll up doors. Nice amount of parking to allow for large trucks & trailers. Fenced in rear lot for outdoor storage. Building make up is roughly 2,500 SF showroom / office and 3,000 SF warehouse.

Investment Highlights

• Freestanding office / showroom / warehouse building with great visibility!
• Solid regional tenant paying $11/SF Triple Net.
• 3% annual lease escalations