431 Racetrack RdFort Walton Beach, FL 32547

  • Retail properties
  • 5,670 SF
For Lease
$12/SF/YR View listing

Property Details for 431 Racetrack Rd

Year built
1984
Construction
STEEL FRAME
Lot size
0.37 AC
Property size (Sq ft)
5,670 SF
Property type
Retail properties
Property subtype
Retail space
APN
03-2S-24-0000-0039-0000
APU
032S24000000390000

Description

This exceptional 5,670 square foot freestanding industrial flex space is ideally situated on Racetrack Road in Fort Walton Beach, Florida, offering unparalleled visibility and accessibility. The property boasts a compelling blend of showroom and warehouse space, perfectly suited for a variety of businesses. The building features approximately 2,500 square feet of showroom and office space, highlighted by a glass storefront providing excellent curb appeal. Multiple offices, a convenient kitchen/break area, and two restrooms cater to employee needs. The remaining 3,000 square feet comprises a functional warehouse area, complete with a single roll-up door for easy loading and unloading. Ample parking accommodates large trucks and trailers, ensuring seamless logistics. A fenced rear lot provides valuable additional outdoor storage space. The property is a single-tenant building with an attractive rental structure of $12 per square foot base rent, plus $2 per square foot in NNN fees, resulting in a total monthly rent of $6,813.45 (plus sales tax). This turnkey solution offers a fantastic opportunity for businesses seeking a high-profile location with a functional and versatile layout. The property's APN is 03-2S-24-0000-0039-0000 and is located in Okaloosa County. One drive-in bay is available.

431 Racetrack Rd, Fort Walton Beach, Florida

Location Insight

City
Fort Walton Beach
County
Okaloosa
State
Florida
Latitude
30.4492
Longitude
-86.6352
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
$3,772
$190,579
$114,137
$304,716
-
$190,579
$114,137
$304,716

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