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76 Eglin Pky
Fort Walton Beach, FL 32548
Animal Eye Clinic Of Pensacola · Retail Property For Sale
Investment Highlights
- There are approximately 5.00 years remaining on the NNN lease, featuring built-in annual rent bumps of 2% and one (1), five (5) year renewal option
- The lease includes annual rent escalations of 2%, providing steady income growth and a natural hedge against inflation
- The property is leased to Animal Eye Clinic of Pensacola, an experienced operator with an established presence and loyal client base
- Located in Fort Walton Beach, Florida, the property benefits from strong tourism, population growth, and proximity to major corridors
- Veterinary assets are considered highly resilient, supported by non discretionary pet care spending and strong industry fundamentals
- The NNN lease structure minimizes landlord responsibilities, offering a passive investment opportunity for both local and national investors
Executive Summary
Kyle Matthews
Matthews Real Estate Investment Services, Inc
License # CQ1066435, BK3554632 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # CQ1066435, BK3554632 (FL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
4,930 SF
Building Class
B
Year Built
2002
Price
$606,664 CAD
Price Per SF
$123.06 CAD
Cap Rate
8.25%
NOI
$50,050 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
0.24 AC
Property Taxes
| Parcel Number | 13-2S-24-1881-0000-0030 | Improvements Assessment | $360,689 CAD |
| Land Assessment | $259,287 CAD | Total Assessment | $619,976 CAD |
Property Taxes
Parcel Number
13-2S-24-1881-0000-0030
Land Assessment
$259,287 CAD
Improvements Assessment
$360,689 CAD
Total Assessment
$619,976 CAD
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