778 Beal Pky NW
Fort Walton Beach, FL 32547
Retail Property For Sale

The subject property is located along Beal Parkway approximately three miles northwest of downtown Fort Walton Beach. Beal Parkway is a heavily travelled, four lane retail corridor that experiences an annual average daily traffic count of approximately 51,000 vehicles in front of the site. Just south of the property slightly passed the cross street Carmel Drive is a shopping center co-anchored by a Walmart Supercenter and Sam' s Club, with Advance Auto Parts outparcel. Chick-fil-A occupies the pad site across from the shopping center, which sits adjacent to a strip center tenanted by various local retailers. North of the property along the arterial is the grocery anchored center Oakmonte, which features Winn-Dixie as the anchor and also includes Kohl' s. The shops building is occupied by national credit retailers such as H&R Block, Firehouse Subs, and Aaron' s, among others. Across from Oakemonte at the southeast intersection of Beal Parkway and Racetrack Road is Walgreens. The immediate area also boasts the presence of major medical and educational institutions in addition to the abundance of retailers. Fort Walton Beach is a city in southern Okaloosa County located between Pensacola and Panama City along North Florida' s Gulf Coast. Okaloosa' s major highways include State Road 189, State Road 85, and US 98. As of 2013, the city has a population of 20,597. Fort Walton Beach is a principal city of the Fort Walton Beach-Crestview-Destin MSA designated by the Office of Management and Budget. As of the census of 2010, there were 180,822 people residing in Okaloosa County. Okaloosa' s fastest-growing employment areas include construction, retail trade, accommodation and food services, professional/scientific/technical services, manufacturing, transportation and warehousing, and public administration. The economy of Fort Walton Beach is primarily driven by tourism and military, as there are two major Air Force bases that border the city, Hurlburt Field, and Eglin AFB. Both bases are found within a seven mile radius from the subject property. *This property is listed in conjunction with Florida-licensed real estate broker Newmark Southern Region, LLC.