Former Cigar Lounge Available For Lease

Retail-Commercial for Lease
Catylist Listing ID: 30877100
Property Subtypes: Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 1,775 SF
Building Size (RSF): 1,775 SF
Gross Land Area: 0.17 Acres
Lease Rate: $15 PSF (Annual)
Base Monthly Rent: $2,218
Lease Types: NNN
Building Name: Library Cigar Lounge
Usable Size (USF): 1,775 SF
Last Updated: 9/2/2024

Overview / Comments

Consider this 1,775 SF in-line retail unit fronting Beal Pkwy in Fort Walton Beach, Florida. This location offers high visibility with a traffic count (AADT) of 14k vehicles per day on Beal Pkwy, and convenient rear access via Shell Avenue SE. Positioned between Sun Kolache Donuts and Chef Champion Kitchen, the unit is situated just one block from Hollywood Boulevard, half a mile from Highway 98, and 1.5 miles from Okaloosa Island. Previously used as a cigar bar, the unit includes a built-in humidor, a private lounge area, and two restrooms, with the build-out including the replacement of all major systems.

Expand All Available Space

Suite: 59 1,775 SF $15 PSF (Annual) NNN
Space Available: 1,775 SF
Lease Rate: $15 PSF (Annual)
$2,218 (Monthly)
Lease Type: NNN
Space Subcategory: Neighborhood Center
Date Available: 9/2/2024
Space Type: Relet
Operating Expenses $3.90 PSF (Annual)
Rent Escalators Step-Up Lease

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Taxing Authority: City of Fort Walton Beach
Tax ID/APN: 13-2S-24-0000-0033-0000
Zoning: GC
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Hollywood Blvd and Hwy 98
Property Visibility: Excellent
Largest Nearby Street: Beal Pkwy
Feet of Frontage: 30
Traffic/Vehicle Count: 14,000
Highway Access: Property sits on Beal Pkwy less than .5 mile north of Hwy 98.
Airports: Destin-Fort Walton Beach (VPS) Airport
Site Description: The space is in-line between two other spaces, with direct frontage on Beal Pkwy, with rear ingress/egress to Shell Ave, with front and rear parking.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1958
Year Renovated: 2023
Construction/Siding: Brick/Aluminum Siding
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Zoning Description: CG
Lot Frontage: 30
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal
Legal Description: BEG NW COR NW1/4 OF SW1/4 E 332 FT S 652 FT FOR BEG

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,376 51,042 68,079
Median Age: 40.51 39.4 38.42
Households: 3,386 22,057 28,589
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