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550 Mary Esther Blvd
Fort Walton Beach, FL 32548

LongHorn Plaza · Retail Property For Sale

Investment Highlights

  • 100% Occupied Strip Center - The Property Benefits From Below Market Average Rents and Long-Term Tenure;The Average Tenure at the Property is 13 Years
  • This is a Densely Populated Location in Close Proximity to Elgin Airforce Base
  • The Property is Also Available Within a Portfolio of an Adjacent Vacant Neighborhood Center and a Ground Lease Opportunity
  • Strategic Location - The Property is Located Off of Mary Esther Cut Off NW, One of the Largest Retail Corridors in Fort Walton Beach (30,372 VPD)
  • The Market Has Strong Demographics With 76,233 People and an Average Household Income of $76,029 Within a 5-Mile Radius of the Property
  • Established in 1935 in Okaloosa County - It is Home to Over 20,000 Military Personnel and 81,000 Provider Service Employees

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
21,900 SF
Building Class
B
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
4.31 AC
Zoning
Commercial
Parking
166 Spaces (7.58 Spaces per 1,000 SF Leased)
Frontage
118 FT on Mary Esther Blvd

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-2S-24-1860-0016-005B
Land Assessment
$198,121
Improvements Assessment
$2,087,343
Total Assessment
$2,285,464
  • Listing ID: 27711944

  • Date on Market: 2/9/2023

  • Last Updated:

  • Address: 550 Mary Esther Blvd, Fort Walton Beach, FL 32548

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