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3301 S Ferdon Blvd
Crestview, FL 32536
Crestview Center · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Zoned C-2
  • Multi-Building Property
  • +/- 0.8 Acres

EXECUTIVE SUMMARY

Investment Property For Sale. +/- 0.8-acre parcel zoned C-2. The property currently has a Single Tenant Free Standing Jimmy John's, a Co-Tenant Building (QQ Smoke Shop and a 1,600SF space), and a billboard on a month-to-month lease.
Nearby national retailers, including Aldi, Chipotle, Walmart, Publix, Mcdonald's, Starbucks, Panera Bread, Seven Brew, and Lowe's. It is on Hwy 85/S Ferdon Blvd, with high traffic counts of 44,000 AADT. Seller will credit Buyer 1 year of rent for the vacant tenant space.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,200 SF
Building Class
B
Year Built
1992
Price
$1,919,385 CAD
Price Per SF
$599.81 CAD
Cap Rate
8.10%
NOI
$155,499 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.80 AC
Zoning
C-2
Parking
16 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
93’ on Ferdon Blvd

AMENITIES

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-3N-23-0000-0025-0010
Land Assessment
$629,968 CAD
Improvements Assessment
$397,854 CAD
Total Assessment
$1,027,822 CAD
  • Listing ID: 32815855

  • Date on Market: 2024-08-15

  • Last Updated:

  • Address: 3301 S Ferdon Blvd, Crestview, FL 32536

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