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624 Beal Pky
Fort Walton Beach, FL 32548
Sherwin Williams · Retail Property For Sale
Investment Highlights
- Newly Constructed 4,000 SF Building | Built in 2019
- Strong Rent Increases of 8% in Each Option
- Tenant Deemed Essential During Shutdown | Remained Open and Continued Paying Rent
- Just Under 9 Years Remaining on Original Lease Term With 5, 5-Year Options Available
- Sherwin Williams (SHW) Investment Grade Fortune 500 | S&P Rating: BBB
- Excellent Location With Frontage on Beal Parkway NW Which Exceeds 44,100 Vehicles Per Day
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.62 AC
Zoning
C - Commercial
Frontage
100’ on BEAL PKWY
Property Taxes
| Parcel Number | 03-2S-24-0000-0233-0020 | Improvements Assessment | $55,448 |
| Land Assessment | $431,906 | Total Assessment | $487,354 |
Property Taxes
Parcel Number
03-2S-24-0000-0233-0020
Land Assessment
$431,906
Improvements Assessment
$55,448
Total Assessment
$487,354
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