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Goodwill Donation Center 700 Eglin Pky NE 2,619 SF Retail Building Fort Walton Beach, FL 32547 $802,249 CAD ($306.32 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Location Location Location!
  • Signalized, 4 way, hard cornered intersection
  • Double Income Producing Property with tenant in place as well as billboard
  • True NNN investment opportunity

EXECUTIVE SUMMARY

Location, Location, Location. Prime net-leased investment opportunity at a 4 way, signalized, hard cornered intersection. Goodwill is the nation's largest thrift-store with over 3200 locations. Goodwill pays an annual base rent of $31,979.70 with 3% yearly increases , as well as being NNN. The lease commenced 7-1-2023, expires 6-30-2028 with 2 options for 5 years each.
The billboard lease pays $8250 annually through 8-30-2025 + Florida Sales Tax. The rent will increase 10% every five year term through 2044.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,619 SF
Building Class
C
Year Built
1968
Price
$802,249 CAD
Price Per SF
$306.32 CAD
Cap Rate
7%
NOI
$56,157 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.28 AC
Zoning
C - Commercial
Parking
16 Spaces (6.11 Spaces per 1,000 SF Leased)
Frontage
139’ on Eglin St

AMENITIES

  • Signage
  • Signalized Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 2,619 SF
  • Retail
  • Outparcel
  • Jan 2026
Space Size Space Use Position Available
1st Floor 2,619 SF Retail Outparcel Jan 2026

1st Floor

Size
2,619 SF
Space Use
Retail
Position
Outparcel
Available
Jan 2026

NEARBY MAJOR RETAILERS

Denny's
Publix
Snap Fitness 24/7
Waffle House
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-2S-24-0180-0005-002C
Land Assessment
$357,347 CAD
Improvements Assessment
$65,712 CAD
Total Assessment
$423,059 CAD
  • Listing ID: 35264842

  • Date on Market: 2024-10-15

  • Last Updated:

  • Address: 700 Eglin Pky NE, Fort Walton Beach, FL 32547

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