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Regions Bank 261 Hwy 90 4,000 SF of Office Space Available in Defuniak Springs, FL 32433
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,000 SF | Negotiable | $20.38 CAD/SF/YR $1.70 CAD/SF/MO $81,540 CAD/YR $6,795 CAD/MO | TBD |
1st Floor
Prime commercial leasing opportunity located on US-90 in DeFuniak Springs of Walton County, Florida. This professional office property offers approximately ±4,000 SF with excellent highway frontage, visibility, and ample parking. Regions Bank is the adjacent tenant. Common Area Maintenance fees (CAM) total $6.00 per square foot; lease rate includes utilities, lawn care, and pest control for simplified occupancy. Subject property offers convenient access to Highway 331, Interstate 10, and surrounding markets such as Freeport, Crestview, Niceville, Eglin Air Force Base, and Destin, Florida.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Regions Bank
- Tenant
- Description
- US Locations
- Reach
- Regions Bank
- Bank
- 1,947
- National
| Tenant | Description | US Locations | Reach |
| Regions Bank | Bank | 1,947 | National |
Property Facts
| Total Space Available | 4,000 SF | Gross Leasable Area | 8,176 SF |
| Property Type | Retail | Year Built | 1973 |
| Property Subtype | Bank | Parking Ratio | 8.43/1,000 SF |
| Total Space Available | 4,000 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 8,176 SF |
| Year Built | 1973 |
| Parking Ratio | 8.43/1,000 SF |
Features and Amenities
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
Presented by
Regions Bank | 261 Hwy 90
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