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550 Mary Esther Blvd
Fort Walton Beach, FL 32548
LongHorn Plaza · Retail Property For Sale
Investment Highlights
- 100% Occupied Strip Center - The Property Benefits From Below Market Average Rents and Long-Term Tenure;The Average Tenure at the Property is 13 Years
- This is a Densely Populated Location in Close Proximity to Elgin Airforce Base
- The Property is Also Available Within a Portfolio of an Adjacent Vacant Neighborhood Center and a Ground Lease Opportunity
- Strategic Location - The Property is Located Off of Mary Esther Cut Off NW, One of the Largest Retail Corridors in Fort Walton Beach (30,372 VPD)
- The Market Has Strong Demographics With 76,233 People and an Average Household Income of $76,029 Within a 5-Mile Radius of the Property
- Established in 1935 in Okaloosa County - It is Home to Over 20,000 Military Personnel and 81,000 Provider Service Employees
Property Facts
Property Type
Retail
Property Subtype
Building Size
25,185 SF
Building Class
B
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
4.31 AC
Zoning
Commercial
Parking
166 Spaces (7.58 Spaces per 1,000 SF Leased)
Frontage
118’ on Mary Esther Blvd
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 09-2S-24-1860-0016-005B | Improvements Assessment | $2,364,542 |
| Land Assessment | $210,167 | Total Assessment | $2,574,709 |
Property Taxes
Parcel Number
09-2S-24-1860-0016-005B
Land Assessment
$210,167
Improvements Assessment
$2,364,542
Total Assessment
$2,574,709
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