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131 Miracle Strip Pky SW
Fort Walton Beach, FL 32548
SLIM CHICKENS - Fort Walton Beach, FL · Retail Property For Sale

Investment Highlights

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years
  • Five Personal Guarantees Back of the Performance of the Lease with a Combined Net Worth in Excess of $33.6 Million!
  • Great Drive-By Visibility & Access on US Hwy 98 (Main East/West Thoroughfare) with Traffic Counts in Excess of 30,000 CPD!
  • North Florida Restaurant Group Operates a Total of 12 Restaurants (8 Sonic Drive-In, 3 Slim Chickens & 1 Rib Crib Locations)
  • New, High-Quality Build-to-Suit Construction of Slim Chicken’s Latest Prototype - Slated to Open November 2021!
  • 2021 DEMOGRAPHICS (5-MI): Total Population: 74,718 | Average Household Income: $76,341

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,762 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.82 AC
Zoning
Commercial
Frontage
300’ on MIRACLE STRIP PKWY

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Drive Thru
  • Monument Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
23-2S-24-221A-0000-0330
Land Assessment
$1,622,395
Improvements Assessment
$0
Total Assessment
$1,622,395
  • Listing ID: 23848961

  • Date on Market: 8/5/2021

  • Last Updated:

  • Address: 131 Miracle Strip Pky SW, Fort Walton Beach, FL 32548

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