99 Eglin PkwyFort Walton Beach, FL 32548

  • Retail properties
  • 28,074 SF
For Lease
$12/SF/YR View listing

Property Details for 99 Eglin Pkwy

Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
18.52 AC
Property size (Sq ft)
28,074 SF
Property type
Retail properties
Property subtype
Outlet malls
APN
13-2S-24-0000-0008-0000
APU
132S24000000080000

Description

This exceptional opportunity presents 46,240 square feet of vacant retail space within the 300,000-square-foot Uptown Station Shopping Center in Fort Walton Beach, Florida. Located on Eglin Parkway, a major thoroughfare boasting over 40,000 vehicles daily, this power center enjoys unparalleled visibility and exposure. The property is zoned COM and offers spaces ranging from a minimum of 1,200 contiguous square feet to a maximum of 7,311 contiguous square feet, with eight spaces currently available. Uptown Station benefits from a strong tenant mix, including national brands such as Ross Dress for Less, Ulta Beauty, Five Below, West Marine, Aldi, Buffalo Wild Wings, Five Guys, Starbucks, and Firehouse Subs, creating a vibrant and attractive shopping environment. Its prime location in the Mary Esther/Fort Walton Beach market, a popular tourist destination and home to Eglin Air Force Base, ensures a consistent flow of customers. This is an ideal location for businesses seeking high visibility and access to a large consumer base in a thriving retail environment. The property's APN is 13-2S-24-0000-0008-0000, and it's situated in Okaloosa County. This offering presents a rare chance to establish or expand your business within a successful and well-established shopping center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,589,222
    6.5%
    $5,159,282
    7%
    $4,790,762
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,788,260
    Geo Method
    $5,029,368
  • Alternative Use

    Use
    Valuation
    Residential
    $4,352,048
    Hospitality
    $3,986,452
    Educational
    $3,316,682
    Medical
    $3,430,747
    Retail
    $5,159,282
99 Eglin Pkwy, Fort Walton Beach, Florida

Location Insight

City
Fort Walton Beach
County
Okaloosa
State
Florida
Latitude
30.4185
Longitude
-86.6069
CBSA code
18880
CBSA name
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$284,965
$7,851,323
$14,179,922
$22,031,245
-
$7,851,323
$14,179,922
$22,031,245

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