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3070 Adora Teal Way
Crestview, FL 32539
GSA Office Investment · Office Property For Sale
Investment Highlights
- 8.47% Going In CAP with Value Add Opportunity
- Long Term Commitment with high likelihood of renewal
- 2027 Lease Expiration with Stable GSA backed Lease
- Strong Agricultural Area with high demand for services
PROPERTY FACTS
About 3070 Adora Teal Way , Crestview, FL 32539
Beck Partners is proud to present, as exclusive agents, this Value-Add GSA leased investment property with 8.5 years remaining located in Crestview Florida. The Tenant, USDA occupies 6,270 SF of space which is utilized as an area office for the U.S. Department of Agriculture. This location is home to the Okaloosa County, FL Farm Service Agency, Natural Resources Conservation Service, Rural Development Office, and the Yellow River Soil and Water Conservation District. The property's strategic location within the Bob Sikes Industrial Park provides an ideal location in the epicenter of Okaloosa County's core agricultural areas. The property sits on 2 acres (additional land is available for purchase separately), and the 8,000 SF building which was constructed in 2003 was completely remodeled in 2017. Upside potential exist with the opportunity to lease a vacant 1,730 SF space in the building.
PROPERTY TAXES
| Parcel Number | 03-3N-23-0000-0001-0100 | Improvements Assessment | $416,538 |
| Land Assessment | $85,843 | Total Assessment | $502,381 |
PROPERTY TAXES
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