Log In/Sign Up
Your email has been sent.
Animal Eye Clinic Of Pensacola 76 Eglin Pky 4,930 SF Retail Building Fort Walton Beach, FL 32548 $436,364 ($88.51/SF) 8.25% Cap Rate
Investment Highlights
- There are approximately 5.00 years remaining on the NNN lease, featuring built-in annual rent bumps of 2% and one (1), five (5) year renewal option
- The lease includes annual rent escalations of 2%, providing steady income growth and a natural hedge against inflation
- The property is leased to Animal Eye Clinic of Pensacola, an experienced operator with an established presence and loyal client base
- Located in Fort Walton Beach, Florida, the property benefits from strong tourism, population growth, and proximity to major corridors
- Veterinary assets are considered highly resilient, supported by non discretionary pet care spending and strong industry fundamentals
- The NNN lease structure minimizes landlord responsibilities, offering a passive investment opportunity for both local and national investors
Executive Summary
Kyle Matthews
Matthews Real Estate Investment Services, Inc
License # CQ1066435, BK3554632 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # CQ1066435, BK3554632 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
4,930 SF
Building Class
B
Year Built
2002
Price
$436,364
Price Per SF
$88.51
Cap Rate
8.25%
NOI
$36,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
0.24 AC
Frontage
65’ on Eglin Pky
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-2S-24-1881-0000-0030 | Improvements Assessment | $259,438 |
| Land Assessment | $186,501 | Total Assessment | $445,939 |
Property Taxes
Parcel Number
13-2S-24-1881-0000-0030
Land Assessment
$186,501
Improvements Assessment
$259,438
Total Assessment
$445,939
Contacts
-
Andrew Evans -
Michael Moreno -
Rahul Chhajed -
Matthews Real Estate Investment Services
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
