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145 Eglin Pky NE
Fort Walton Beach, FL 32548
Vacant Wendy's · Retail Property For Sale
Investment Highlights
- Vacant Wendy’s Restaurant with Drive Thru
- Perfect Opportunity for a Restaurant Operator Owner/User or a Developer
- Freestanding Building with Drive-Thru | Renovated 2014
- More Than 15 Years Remaining on Base Term
- Hard Corner Signalized Intersection Along Eglin Parkway NE | Major Florida Panhandle Thoroughfare
- Excellent Visibility and Frontage | Multiple Ingress/Egress Points
Executive Summary
Marcus & Millichap is pleased to present for sale this vacant Wendy’s located at 145 Eglin Parkway NE in Fort Walton Beach, Florida. The property consists of a 2,485-square-foot freestanding building with a drive-thru, situated on a 0.36- acre parcel. Originally built in 2004 and renovated in 2024, the asset offers exceptional visibility and accessibility along one of the Florida Panhandle’s most heavily traveled corridors. Wendy’s has vacated its operations at this location, making it an ideal opportunity for a restaurant operator or developer.
The property is positioned at a hard, signalized intersection along Eglin Parkway NE, a major north-south thoroughfare that serves as the primary commercial artery through Fort Walton Beach and connects to nearby Gulf Coast markets, including Panama City less than an hour away. This restaurant benefits from multiple points of ingress and egress, strong daily traffic, and outstanding frontage. It is located as an outparcel to a Winn-Dixie and Ross Dress for Less–anchored shopping center, which draws steady consumer demand and generates consistent foot traffic. Surrounding national retailers, established residential neighborhoods, and stable local demographics further reinforce the site’s strong retail fundamentals
The property is positioned at a hard, signalized intersection along Eglin Parkway NE, a major north-south thoroughfare that serves as the primary commercial artery through Fort Walton Beach and connects to nearby Gulf Coast markets, including Panama City less than an hour away. This restaurant benefits from multiple points of ingress and egress, strong daily traffic, and outstanding frontage. It is located as an outparcel to a Winn-Dixie and Ross Dress for Less–anchored shopping center, which draws steady consumer demand and generates consistent foot traffic. Surrounding national retailers, established residential neighborhoods, and stable local demographics further reinforce the site’s strong retail fundamentals
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,485 SF
Building Class
B
Year Built
2004
Price
$2,432,592 CAD
Price Per SF
$978.91 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.36 AC
Zoning
Commercial
Parking
26 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
88’ on Eglin Pky
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 13-2S-24-1880-0002-0010 | Improvements Assessment | $342,386 CAD |
| Land Assessment | $407,337 CAD | Total Assessment | $749,723 CAD |
Property Taxes
Parcel Number
13-2S-24-1880-0002-0010
Land Assessment
$407,337 CAD
Improvements Assessment
$342,386 CAD
Total Assessment
$749,723 CAD
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