Choctaw Plaza 111-119 Racetrack Rd NW
93,452 SF 98% Leased Retail Building Fort Walton Beach, FL 32547 $16,241,829 CAD ($173.80 CAD/SF) 8% Cap Rate



INVESTMENT HIGHLIGHTS
- Brand New, 10-Year Lease with Goodwill
- Close Proximity to Two Large Air Force Bases
- Long-Term, Established Tenant Base
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
---|---|---|
Gross Rental Income |
$99,999
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$9.99
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Other Income |
$99,999
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$9.99
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Vacancy Loss |
$99,999
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$9.99
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Effective Gross Income |
$99,999
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$9.99
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Taxes |
-
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-
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Operating Expenses |
-
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-
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Total Expenses |
$99,999
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$9.99
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Net Operating Income |
$99,999
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$9.99
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PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Public Administration | - | $9.99 | - | Jan 0000 | |
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Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS







PROPERTY TAXES
Parcel Number | 02-2S-24-2200-000B-001A | Improvements Assessment | $6,013,099 CAD (2023) |
Land Assessment | $2,802,031 CAD (2023) | Total Assessment | $8,815,130 CAD (2023) |