Industrial Flex
W.W. Williams
638 Anchors St NW, Fort Walton Beach, FL 32548
Listing Price: $2,100,000
Investment Overview
• Corporate Lease with The W.W. Williams Company, LLC
- One of the Largest Commercial Truck Repair Companies in the U.S.
• Tenant Acquired by Brightstar Capital Partners in 2025
- Large Private Equity Firm with Over $5B in Assets Under Management
• Rare Absolute NNN Lease | Zero LL Responsibilities
- 3.5 Years of Term Remaining | One 3-Year Renewal Option
• Early Lease Renewal Demonstrates Commitment to Location
- Tenant Recently Exercised 1st Renewal Option | Rent Bump Aug. ‘26
• Longstanding Operation as a Truck Repair Facility | 20+ Years
- Established Market Presence with Limited Area Competition
• Large 4.71 Acre Industrial Outdoor Storage (IOS) Yard
- Tight Market | Zoning Allows for a Wide Range of Industrial Uses
• Low Market Rents with Near-Term Future Upside
- Well Below Replacement Cost | Tenant’s Options Run Out in 2032
• Fort Walton Beach is Home to Large Military Installations
- Hurlburt Field & Eglin Air Force Base | 23,000 Civilian/Military Personnel
• Destin, FL MSA | One of the Fastest Growing Areas in Florida
- 5 Mile Demos Expected to Increase 10%+ within 10 Years
W.W. Williams
Investment Highlights
- • Corporate Lease with The W.W. Williams Company, LLC - One of the Largest Commercial Truck Repair Companies in the U.S.
- • Tenant Acquired by Brightstar Capital Partners in 2025 - Large Private Equity Firm with Over $5B in Assets Under Management
- • Rare Absolute NNN Lease | Zero LL Responsibilities - 3.5 Years of Term Remaining | One 3-Year Renewal Option
- • Early Lease Renewal Demonstrates Commitment to Location - Tenant Recently Exercised 1st Renewal Option | Rent Bump Aug. '26
- • Longstanding Operation as a Truck Repair Facility | 20+ Years - Established Market Presence with Limited Area Competition
- • Large 4.71 Acre Industrial Outdoor Storage (IOS) Yard - Tight Market | Zoning Allows for a Wide Range of Industrial Uses
- • Low Market Rents with Near-Term Future Upside - Well Below Replacement Cost | Tenant's Options Run Out in 2032
- • Fort Walton Beach is Home to Large Military Installations - Hurlburt Field & Eglin Air Force Base | 23,000 Civilian/Military Personnel
Exclusively Listed By
Financing By
Listing Price: $2,100,000
Investment Highlights
- • Corporate Lease with The W.W. Williams Company, LLC - One of the Largest Commercial Truck Repair Companies in the U.S.
- • Tenant Acquired by Brightstar Capital Partners in 2025 - Large Private Equity Firm with Over $5B in Assets Under Management
- • Rare Absolute NNN Lease | Zero LL Responsibilities - 3.5 Years of Term Remaining | One 3-Year Renewal Option
- • Early Lease Renewal Demonstrates Commitment to Location - Tenant Recently Exercised 1st Renewal Option | Rent Bump Aug. '26
- • Longstanding Operation as a Truck Repair Facility | 20+ Years - Established Market Presence with Limited Area Competition
- • Large 4.71 Acre Industrial Outdoor Storage (IOS) Yard - Tight Market | Zoning Allows for a Wide Range of Industrial Uses
- • Low Market Rents with Near-Term Future Upside - Well Below Replacement Cost | Tenant's Options Run Out in 2032
- • Fort Walton Beach is Home to Large Military Installations - Hurlburt Field & Eglin Air Force Base | 23,000 Civilian/Military Personnel
Investment Overview
• Corporate Lease with The W.W. Williams Company, LLC - One of the Largest Commercial Truck Repair Companies in the U.S. • Tenant Acquired by Brightstar Capital Partners in 2025 - Large Private Equity Firm with Over $5B in Assets Under Management • Rare Absolute NNN Lease | Zero LL Responsibilities - 3.5 Years of Term Remaining | One 3-Year Renewal Option • Early Lease Renewal Demonstrates Commitment to Location - Tenant Recently Exercised 1st Renewal Option | Rent Bump Aug. ‘26 • Longstanding Operation as a Truck Repair Facility | 20+ Years - Established Market Presence with Limited Area Competition • Large 4.71 Acre Industrial Outdoor Storage (IOS) Yard - Tight Market | Zoning Allows for a Wide Range of Industrial Uses • Low Market Rents with Near-Term Future Upside - Well Below Replacement Cost | Tenant’s Options Run Out in 2032 • Fort Walton Beach is Home to Large Military Installations - Hurlburt Field & Eglin Air Force Base | 23,000 Civilian/Military Personnel • Destin, FL MSA | One of the Fastest Growing Areas in Florida - 5 Mile Demos Expected to Increase 10%+ within 10 Years
Exclusively Listed By
Financing By
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