73 NE Ne Eglin Parkway, Fort Walton Beach, FL 32548

$19,750,000

Property Description

JG Plaza of Ft. Walton Beach, Florida is one of newest, most technologically advanced and efficient buildings of the regional market and allows for a highly visible Class A professional office and retail concept. The retail of Uptown Station and the surrounding economic engines of the Air Force Bases, Defense Contractors, and Technology Companies accelerate the synergies for this landmark venue. JG Plaza offers an abundance of parking capacity, and an outparcel that contains an operating second generation restaurant site, which separate sale and price would be contingent upon the sale of JG Plaza. The rent roll of national credit-rated tenants is stellar, currently computing an annual net operating income of approximately $1,400,000.00. JG Plaza was... developed and constructed in 2008 and contains approximately 79,438 square feet. Half of the first floor of the 3-story building was designed to be retail, each containing a separate power meter. Please inquire for further details and to schedule your private showing.

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Listing courtesy of Somers & Company.