Commercial property in Fort Walton Beach, Florida № 558041

Property description

GREAT INCOME PRODUCING PROPERTY IN INDUSTRIAL PARK OF FWB. OFFICE AND FLEX/ WAREHOUSE SPACE. CURRENTLY FULLY OCCUPIED. THE CURRENT RENTS ARE BELOW THE MARKET, BUT THERE IS A LOT OF POTENTIAL FOR INCREASES. RENT ROLLS ARE AVAILABLE UPON REQUEST. THE CURRENT CAP RATE IS ~7%. TWO PARCELS ARE INCLUDED IN SALE: TOTAL OF 20,751 SQFT BUILDING ON 1 ACRE LOT.