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3375-3383 S Ferdon Blvd
Crestview, FL 32536
Crestview Center · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 100% occupied retail strip center adjacent to a top performing Walmart Supercenter
  • Excellent co-tenancy with stable national tenants
  • Stable employment located less then 17 miles from the largest Air Force Base
  • Located in one of Florida's fastest growing MSA's and the region's dominant commercial corridor
  • Located off Ferdon Blvd & I-10 with a combined 78,593 cars per day

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
10,754 SF
Building Class
B
Year Built/Renovated
2005/2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.27 AC
Zoning
C-2 - Commercial District
Parking
63 Spaces (4.98 Spaces per 1,000 SF Leased)

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Signage

ABOUT 3375-3383 S FERDON BLVD , CRESTVIEW, FL 32536

Excellent opportunity to purchase the 12,651 SF retail strip center anchored by Walmart in Crestview, FL. The center is adjacent to a top performing Walmart Supercenter and is conveniently located off the region’s dominant commercial corridor on Ferdon Blvd & I-10. Ferdon Boulevard (SR-85; 49,500 cpd) and Interstate 10 (29,093 cpd), have combined traffic counts of 78,593 cars per day and is the main connector to Eglin Air Force Base and Destin. The center is supported by stable national tenancy and an excellent co-tenant mix to appeal to the demographic base. Tenants include GNC, Supercuts, Sally Beauty, Gamestop, Covenant Care, and Hunan Restaurant. The center has a strong historical occupancy and there are very few shop vacancies in the market, offering the opportunity to push rates and increase returns. Recent upgrades include a new roof (20 year warranty), upgraded LED exterior building/parking lighting, and new rooftop hood exhaust fan for restaurant.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-3N-23-0000-0025-009A
Land Assessment
$381,262
Improvements Assessment
$1,430,148
Total Assessment
$1,811,410
  • Listing ID: 18746012

  • Date on Market: 3/4/2020

  • Last Updated:

  • Address: 3375-3383 S Ferdon Blvd, Crestview, FL 32536

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