658 Lovejoy RdFort Walton Beach, FL 32548

This exceptional investment opportunity presents a fully occupied, multi-tenant industrial property located at 658 Lovejoy Rd NW, Fort Walton Beach, Florida, 32548. The property encompasses a substantial 20,751 square feet of combined office, flex, and warehouse space situated on a one-acre lot (43,560 square feet). Currently generating a 7% capitalization rate, this property offers significant upside potential due to below-market rents. Detailed rent rolls are available upon request, showcasing the current income stream and the potential for future rent increases. The property consists of two parcels and is classified as a modified lease, multi-tenancy structure. The asking price for this prime industrial investment is $1,350,000. This property is ideally situated within an established Fort Walton Beach industrial park, providing excellent access to transportation routes and a strong local workforce. The combination of existing income, potential for rent growth, and strategic location makes this a compelling investment opportunity in the thriving Florida market. Don't miss this chance to acquire a high-performing asset with substantial long-term growth prospects.