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Bluewater Bay 4506-4546 E Highway 20

1,200 - 6,100 SF of Space Available in Niceville, FL 32578

Highlights

  • Prime restaurant, retail, and office space available in the desirable Winn-Dixie anchored shopping center at Bluewater Bay.
  • High traffic counts in front of the center with over 28,500 VPD
  • Ideal location in Niceville with ample parking and great pylon signage available.
  • Average household income within a 5 mile radius is over $103,015

Space Availability (3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 1503
  • 2,500 SF
  • 5-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
1501-1507 Merchants Way - 1st Floor - Ste 1503
Space Use
Office
Availability
January 01, 2025
  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • 1st Floor, Ste 4510
  • 2,400 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
4506-4546 E Highway 20 - 1st Floor - Ste 4510
Space Use
Retail
Availability
Now

2,400 SF of retail space

  • Located in-line with other retail
  • 1st Floor, Ste 4518
  • 1,200 SF
  • 5 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
4506-4546 E Highway 20 - 1st Floor - Ste 4518
Space Use
Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste 1503 2,500 SF 5-10 Years Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor, Ste 4510 2,400 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 4518 1,200 SF 5 Years Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

1501-1507 Merchants Way - 1st Floor - Ste 1503

Size
2,500 SF
Term
5-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Office
Availability
January 01, 2025

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition

4506-4546 E Highway 20 - 1st Floor - Ste 4510

Size
2,400 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
Now

2,400 SF of retail space

  • Located in-line with other retail

4506-4546 E Highway 20 - 1st Floor - Ste 4518

Size
1,200 SF
Term
5 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT Bluewater Bay

  • Tenant
  • Description
  • US Locations
  • Reach
  • Allstate Insurance Company
  • Insurance
  • 17,704
  • International
  • Avionics Test & Analysis Corporation
  • -
  • -
  • Local
  • Cash's Discount Liquors
  • Other Retail
  • 4
  • National
  • Mission Escape
  • -
  • -
  • -
  • Subway
  • Sub Sandwich
  • 35,208
  • International
  • Winn-Dixie
  • Supermarket
  • 694
  • National
Tenant Description US Locations Reach
Allstate Insurance Company Insurance 17,704 International
Avionics Test & Analysis Corporation - - Local
Cash's Discount Liquors Other Retail 4 National
Mission Escape - - -
Subway Sub Sandwich 35,208 International
Winn-Dixie Supermarket 694 National

PROPERTY FACTS FOR 4506-4546 E Highway 20 , Niceville, FL 32578

Center Type Neighborhood Center
Stores 2
Center Properties 2
Frontage East Highway 20
Gross Leasable Area 66,059 SF
Total Land Area 1.15 AC
Year Built 1996
Cross Streets 1501 Merchants Way

About the Property

Prime retail, restaurant, and office space is available at the desirable Winn-Dixie anchored shopping center in Bluewater Bay. Up to 2,500 SF of restaurant space and 2,500 SF of office space at the Bluewater Bay shopping center. The Bluewater Bay shopping center has over 105,599 SF retail, restaurant, and office space. It is ideally located within the highly desirable Niceville trade area. Excellent co-tenant mix with great visibility from the highly trafficked Hwy 20, the main arterial in Niceville. There is ample parking and excellent pylon signage available. The Landlord would consider subdividing the spaces. Area Overview: Winn Dixie anchored center located in the heart of the Bluewater Bay market in Niceville, FL. The population growth in Niceville has skyrocketed in the last decade. It continues to have a strong housing market and economy due to its prime location near one of the world's largest air force bases, the hospital, NW FL college, highly-rated schools, the Destin/Ft Walton airport, and numerous new developments.

  • Air Conditioning
  • Signage

Nearby Major Retailers

Lenny's Franchisor, LLC Support Center
Bank of America
Hurricane Grill & Wings
Waffle House
  • Listing ID: 31534071

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: 4506-4546 E Highway 20, Niceville, FL 32578

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