50 Hill Ave Nw Fort Walton Beach, FL 32548 | Other | Industrial
$1,200,000
Listing Courtesy of
Harry Bell
Description
Desirable investment opportunity in the Fort Walton Beach market. Located in the Commerce and Technology Park the fully occupied property consists of +/-.99 acres and +/-8409 SF of leasable space. There are two freestanding buildings which feature over $100000 in recent renovations. Building A has +/- 2400 SF of office space and Building B has +/- 6009 SF of warehouse and office space. There are three tenants on the property. There is one tenant with a NNN lease and two tenants with a gross lease. The owner currently occupies +/- 2000 SF of warehouse space and +/- 609 SF of office space. The property includes a fenced lay-down yard behind building B which is currently being used by the tenant for storage and overflow customers. Situated along Hill Avenue the site experiences 20500 AADT and has excellent visibility. The United States Airforce Base Hurlburt Field is located 10 minutes away and consists of 13255 employees. Hill Avenue is the main road for military personnel to commute East and South from Hurlburt Field. The Fort Walton Commerce and Technology park includes tenants such as BAE Systems Beast Code Boeing City Produce Crane Aerospace Lockheed Martin MAG Aerospace Magna Manufacturing Microsystems and many more.
SUBSCRIBE