Shopping Community
Choctaw Plaza
131 Racetrack Rd NW, Fort Walton Beach, FL 32547
Listing Price: $11,300,000
Investment Overview
Marcus & Millichap is pleased to present Choctaw Plaza, a 93,452 square foot shopping center in Ft Walton Beach, Florida. Anchored by Goodwill who recently signed a brand-new 10-year lease, this shopping center is well positioned for a long-term, stable income stream for the next owner. Additional anchor tenants with long-term operating history at this shopping center include Dollar General, Social Security Administration (GSA), Department of Juvenile Justice, Department of Agriculture, Little Caesars, and more.
Offered at a 8.00% cap rate, or just $121 per square-foot, the cash flow exceeds other similar investment opportunities in the state of Florida.
Choctaw Plaza
Investment Highlights
- STABLE INCOME STREAM FROM GOVERNMENT AND NATIONAL TENANTS, INCLUDING GOODWILL, FLORIDA DEPARTMENT OF AGRICULTURE, DEPARTMENT OF JUEVENILE JUSTICE, SOCIAL SECURITY ADMINISTRATION, DOLLAR GENERAL AND RE
- CLOSE PROXIMITY TO EGLIN AIR FORCE BASE, THE LARGEST AIR FORCE BASE IN FLORIDA
- LOCATED AT A SIGNATIZED INTERSECTION WITH TRAFFIC COUNTS OVER 30,000 CARS PER DAY
Exclusively Listed By
Listing Price: $11,300,000
Investment Highlights
- STABLE INCOME STREAM FROM GOVERNMENT AND NATIONAL TENANTS, INCLUDING GOODWILL, FLORIDA DEPARTMENT OF AGRICULTURE, DEPARTMENT OF JUEVENILE JUSTICE, SOCIAL SECURITY ADMINISTRATION, DOLLAR GENERAL AND RE
- CLOSE PROXIMITY TO EGLIN AIR FORCE BASE, THE LARGEST AIR FORCE BASE IN FLORIDA
- LOCATED AT A SIGNATIZED INTERSECTION WITH TRAFFIC COUNTS OVER 30,000 CARS PER DAY
Investment Overview
Marcus & Millichap is pleased to present Choctaw Plaza, a 93,452 square foot shopping center in Ft Walton Beach, Florida. Anchored by Goodwill who recently signed a brand-new 10-year lease, this shopping center is well positioned for a long-term, stable income stream for the next owner. Additional anchor tenants with long-term operating history at this shopping center include Dollar General, Social Security Administration (GSA), Department of Juvenile Justice, Department of Agriculture, Little Caesars, and more. Offered at a 8.00% cap rate, or just $121 per square-foot, the cash flow exceeds other similar investment opportunities in the state of Florida.
Exclusively Listed By
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