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7-Brew Coffee - Fort Walton Beach, FL 44 Eglin Pky

1,640 SF Retail Building Fort Walton Beach, FL 32548 $2,403,664 CAD ($1,466 CAD/SF) 5.50% Cap Rate

Restaurants Florida Fort Walton Beach 44 Eglin Pky, Fort Walton Beach, FL 32548

Investment Highlights

  • Rare Absolute Net Ground Lease Structure With Landlord Maintaining Title
  • 15-Year Absolute Net Lease With No Landlord Responsibilities
  • Dense Residential Population With Over 51,000 Residents Within 3- Miles
  • Large 1,640 SF 7-Brew Conversion Compared to the Typical 500 SF Modular Model
  • 10% Increases Every 5 Years
  • Located on Elgin Pkwy, Which Sees Over 49,000 Vehicles Per Day & Connects the Largest Air Force Base in the World to U.S Hwy 98

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,640 SF 7 -Brew Coffee Located at 44 Eglin Parkway NorthEast in Fort Walton Beach, FL. This Deal Includes a 15-Year Absolute Net Ground Lease and Located Within Minutes of Eglin Air Force Base, the Largest Air Force Base in the World, Providing For a Secured Investment.

In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BOR: Andrew Ackerman Lic. FL #BK3369953

Property Facts

Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,640 SF
Building Class
C
Year Built
2014
Price
$2,403,664 CAD
Price Per SF
$1,466 CAD
Cap Rate
5.50%
NOI
$132,202 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Land Acres
0.38 AC
Zoning
CG - General Commercial
Parking
20 Spaces (12.2 Spaces per 1,000 SF Leased)
Frontage
44 ft on Eglin Pky

Amenities

  • Pylon Sign
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • 7-Brew Coffee (7Crew Florida, LLC)
  • Retailer
  • 1,640 SF
  • $80.61 CAD
  • Jul 2039
Tenant Industry SF OCCUPIED RENT/SF Lease End
7-Brew Coffee (7Crew Florida, LLC) Retailer 1,640 SF $80.61 CAD Jul 2039

Links

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Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

7 Brew Coffee
Regions Bank
CrossFit
Gold's Gym
Hancock Whitney Bank
Five Guys
Starbucks
Buffalo Wild Wings
Buddy's Home Furnishings
Winn-Dixie

PROPERTY TAXES

Parcel Number 13-2S-24-1880-0007-0060 Improvements Assessment $239,059 CAD
Land Assessment $347,243 CAD Total Assessment $586,302 CAD

PROPERTY TAXES

Parcel Number
13-2S-24-1880-0007-0060
Land Assessment
$347,243 CAD
Improvements Assessment
$239,059 CAD
Total Assessment
$586,302 CAD
(770) 800-3035

  • Listing ID: 33214541

  • Date on Market: 2024-09-18

  • Last Updated:

  • Address: 44 Eglin Pky, Fort Walton Beach, FL 32548

The Retail Property at 44 Eglin Pky, Fort Walton Beach, FL 32548 is currently available For Sale. Contact Sands Investment Group Atlanta, LLC for more information.

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7-Brew Coffee - Fort Walton Beach, FL | 44 Eglin Pky
(770) 800-3035 x

7-Brew Coffee - Fort Walton Beach, FL | 44 Eglin Pky

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Luke Wakefield

(770) 800-3035

(770) 800-3035

Liam Rowan

(404) 369-4352

(404) 369-4352

Andrew Ackerman

(770) 626-0445

(770) 626-0445

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