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Beltway Shopping Center 109 Racetrack Rd 1,900 - 20,530 SF of Retail Space Available in Fort Walton Beach, FL 32547
HIGHLIGHTS
- 28,000 Traffic/Vehicle Count
- Minutes away from I10 and SR-85.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste I | 1,900-10,265 SF | 10’ - 14’ | 3-5 Years | $12.00 /SF/YR $1.00 /SF/MO $123,180 /YR $10,265 /MO | Triple Net (NNN) | |
| 1st Floor, Ste I-A | 5,132 SF | 10’ | 3-5 Years | $12.00 /SF/YR $1.00 /SF/MO $61,584 /YR $5,132 /MO | Triple Net (NNN) | |
| 1st Floor, Ste I-B | 5,133 SF | 10’ - 15’ | 3-5 Years | $12.00 /SF/YR $1.00 /SF/MO $61,596 /YR $5,133 /MO | Triple Net (NNN) |
109-113 Racetrack Rd NE - 1st Floor - Ste I
Located in the heart of Fort Walton Beach, this 10,265 SF space at Beltway Plaza offers exceptional visibility along Racetrack Rd. and is ideal for retail or office use. The space is available under a triple net lease and can be divided into two units, with a minimum of 1,900 SF. The property features a 10-foot acoustical ceiling, with the availability of reaching 14 feet. With separate entrances for each unit, tenants can enjoy ample parking, prominent signage opportunities, and high-traffic exposure in a well-established commercial corridor. The diverse tenant mix includes a Thai restaurant, nail salon, CBD store, bingo hall, café, and professional offices.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- High Ceilings
- Drop Ceilings
- Finished Ceilings: 10’ - 14’
109-113 Racetrack Rd NE - 1st Floor - Ste I-A
Open Floor Plan. The landlord will participate in the tenant improvement allowance for build-out, depending on the lease terms.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
- Central Air Conditioning
- Private Restrooms
- High Ceilings
- Finished Ceilings: 10’
- Professional Lease
- 10-foot drop ceiling, 14-foot clear height
- Ample parking and prominent signage opportunities
109-113 Racetrack Rd NE - 1st Floor - Ste I-B
Open Floor Plan. The landlord will participate in the tenant improvement allowance for build-out, depending on the lease terms.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- High Ceilings
- Finished Ceilings: 10’ - 15’
- Professional Lease
- 10,265 SF divisible space
- 10-foot drop ceiling, 14-foot clear height
- Ample parking and prominent signage opportunities
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT BELTWAY SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Davis Watkins Funeral Homes & Crematory
- Real Estate
- 1
- -
- FLUENT
- Other Retail
- 37
- Regional
- I Kick
- Arts, Entertainment, and Recreation
- 1
- -
- Ocean City Bingo
- Fitness
- 1
- -
- Thai Hut Garden
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Davis Watkins Funeral Homes & Crematory | Real Estate | 1 | - |
| FLUENT | Other Retail | 37 | Regional |
| I Kick | Arts, Entertainment, and Recreation | 1 | - |
| Ocean City Bingo | Fitness | 1 | - |
| Thai Hut Garden | Restaurant | 1 | - |
PROPERTY FACTS
ABOUT THE PROPERTY
This property boasts prime visibility and signage along Racetrack Rd within the esteemed Beltway Plaza Shopping Center. This high-traffic location, which garners exposure to over 27,500 vehicles daily, is primed for business success.
- Dedicated Turn Lane
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Beltway Shopping Center | 109 Racetrack Rd
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