3870 S Ferdon Blvd
Crestview, FL
Price:
$2397000
Cap Rate:
5.50%
NOI:
$131,839
Building Size:
Approx. 2265 Sq. Ft.
Lot Size:
Approx. 0.68 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2018
Investment Overview
- 2018 Construction. 2,265+/- SF Building on .68+/- Acre Site
- Located along State Rd 85 (46K VPD), just S of I-10 (18K VPD)
- Adjacent to multiple Hotels | Near Walmart, Hooters, Exxon
- 3-Miles N of Elgin Air Force Base (2,359 Family Home Units)
- Industries: Military | Tourism | Real Estate | Manufacturing
- Employers: L-3 Aerospace | BAE Mechanical | Gulf Power
- Crestview is one of Florida’s fastest growing cities – U.S Census
- Nationally recognized as a “hot spot” for living & business dev
- Largest city in Okaloosa County & close proximity to Destin, FL
- 3-Mile Radius: Est Pop: 24,165 l Average HH Income: $72,726