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Highlights

  • Positioned in Freeport, among the fastest-growing markets in the Florida Panhandle.
  • Prime location on US Highway 331 with outstanding visibility and ease of access.
  • Designed for light industrial, service-oriented, and business operations.
  • Proposed 50,625 SF flex development divisible into 25 individual units.
  • Flexible configurations for warehouse, office, and showroom use.
  • Property Sits on US HWY 331 with a average traffic count of 34k vehicles per day

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 50,625 SF
  • 5-10 Years
  • $35.17 CAD/SF/YR $2.93 CAD/SF/MO $1,780,734 CAD/YR $148,395 CAD/MO
  • Flex
  • Shell Space
  • 2027-09-01

Proposed for development along US Highway 331 at Bay Grove Road, a 25-unit flex building totaling 50,625 square feet will soon bring exceptional versatility to Freeport’s commercial landscape. The design concept emphasizes modern functionality with spaces suited for warehouse, office, and showroom operations, providing adaptability for diverse business models—from light industrial to service-based enterprises. Set along one of the busiest commercial corridors in the region, the property delivers unmatched visibility and superior highway access, enhancing operational efficiency and customer connectivity. With Freeport’s growth driving demand for quality flex space, this development offers businesses a timely solution to secure a location in a limited-supply market. Reserve your future today in a project that combines modern design, practical layouts, and strategic positioning.

  • Lease rate does not include utilities, property expenses or building services
  • Central Air Conditioning
  • Closed Circuit Television Monitoring (CCTV)
  • Smoke Detector
  • Space is in Excellent Condition
  • Private Restrooms
  • Exposed Ceiling
  • Wheelchair Accessible
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 50,625 SF 5-10 Years $35.17 CAD/SF/YR $2.93 CAD/SF/MO $1,780,734 CAD/YR $148,395 CAD/MO Flex Shell Space 2027-09-01

1st Floor

Size
50,625 SF
Term
5-10 Years
Rental Rate
$35.17 CAD/SF/YR $2.93 CAD/SF/MO $1,780,734 CAD/YR $148,395 CAD/MO
Space Use
Flex
Build-Out
Shell Space
Available
2027-09-01

1st Floor

Size 50,625 SF
Term 5-10 Years
Rental Rate $35.17 CAD/SF/YR
Space Use Flex
Build-Out Shell Space
Available 2027-09-01

Proposed for development along US Highway 331 at Bay Grove Road, a 25-unit flex building totaling 50,625 square feet will soon bring exceptional versatility to Freeport’s commercial landscape. The design concept emphasizes modern functionality with spaces suited for warehouse, office, and showroom operations, providing adaptability for diverse business models—from light industrial to service-based enterprises. Set along one of the busiest commercial corridors in the region, the property delivers unmatched visibility and superior highway access, enhancing operational efficiency and customer connectivity. With Freeport’s growth driving demand for quality flex space, this development offers businesses a timely solution to secure a location in a limited-supply market. Reserve your future today in a project that combines modern design, practical layouts, and strategic positioning.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Private Restrooms
  • Closed Circuit Television Monitoring (CCTV)
  • Exposed Ceiling
  • Smoke Detector
  • Wheelchair Accessible

Property Overview

Commercial Flex Space for Lease Bay Grove Commercial Project Highway 331 | Freeport, Florida Now Leasing | $25.00/SF NNN Premier Commercial Flex Space in Freeport's Fastest-Growing Commercial Corridor Position your business in one of Northwest Florida's most strategic commercial locations. The Bay Grove Commercial Project offers modern, Class A commercial flex space designed to accommodate contractors, distributors, service companies, and growing businesses seeking exceptional visibility and accessibility along U.S. Highway 331. With construction-ready approvals in place, this development will provide tenants with high-quality space in a rapidly expanding market surrounded by major national retailers and new residential growth. Property Highlights • Modern Commercial Flex Space • Lease Rate: $25.00/SF NNN • Flexible floor plans to accommodate a variety of business sizes • Class A construction with high ceilings and overhead doors • 147 On-Site Parking Spaces • Dedicated Northbound & Southbound Turn Lanes • Prime Corner Location on U.S. Highway 331 • Approximately 34,000 Average Daily Vehicles (AADT) • Convenient access for customers, employees, and commercial deliveries • Ample room for contractor operations and business growth An Exceptional Business Location The Bay Grove Commercial Project is located in the center of one of Northwest Florida's fastest-growing commercial corridors. Within approximately three miles, several nationally recognized brands are developing new locations, including: • Walmart Supercenter • Aldi • Wawa • Chick-fil-A • Two nationally branded hotels These major developments will continue to drive traffic, employment, and commercial activity throughout the Highway 331 corridor, creating an ideal environment for businesses seeking long-term growth and customer exposure. Ideal For The flexible design of the project is well suited for a wide variety of businesses, including: • General Contractors • Electrical Contractors • HVAC Companies • Plumbing Contractors • Roofing Companies • Building Supply Companies • Marine Service Businesses • Cabinet & Millwork Shops • Distribution & Logistics • E-Commerce Operations • Property Management Companies • Landscaping Companies • Equipment Rental • Professional Offices with Warehouse • Showroom / Warehouse Users Designed for Business Efficiency Every aspect of the development has been planned to maximize operational efficiency. • Excellent truck accessibility • Convenient customer parking • High visibility from Highway 331 • Easy ingress and egress from both directions of travel • Professional appearance suitable for office, warehouse, and showroom users • Flexible layouts designed to grow with your business Location Advantages • Prime Highway 331 frontage • Highly visible corner location • Dedicated northbound and southbound turn lanes • Approximately 34,000 Average Daily Vehicles • Minutes from Highway 20 • Approximately 2.8 miles from the new Walmart Supercenter • Convenient access to South Walton, Freeport, DeFuniak Springs, and Interstate 10 • Located in one of Florida's fastest-growing commercial markets Grow Your Business in Freeport's Premier Commercial Flex Development Whether you're expanding your operations, relocating your headquarters, or opening a new location, Bay Grove Commercial Project offers the visibility, accessibility, and flexibility your business needs to succeed. Now Leasing $25.00 Per Square Foot NNN Secure your space today and establish your business in one of Northwest Florida's premier commercial developments.

Property Facts

Building Size
50,625 SF
Lot Size
5.06 AC
Year Built
2027
Construction
Metal
Zoning
GC - General Commercial
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 38409631

  • Date on Market: 2025-11-11

  • Last Updated:

  • Address: 00 Bay Grove Rd, Freeport, FL 32439

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