3301 Ferdon BlvdCrestview, FL 32536

This exceptional investment opportunity presents a multi-building retail property ideally situated on a 0.8-acre parcel in Crestview, Florida. The property boasts a total of 4,350 square feet across two buildings, currently featuring a Jimmy John's (single-tenant, free-standing), a co-tenant building housing QQ Smoke Shop and a 1,600 square foot vacant space, and a billboard under a month-to-month lease. The property enjoys a strong 80% occupancy rate, generating a substantial Net Operating Income (NOI) of $112,935, resulting in an attractive 8.10% cap rate. The asking price is $1,394,000. Located on high-traffic Hwy 85/S Ferdon Blvd (44,000 AADT), this property benefits from its proximity to numerous national retailers, including Aldi, Chipotle, Walmart, Publix, McDonald's, Starbucks, Panera Bread, Seven Brew, and Lowe's. The property is zoned C-2 and comprises three units across one story. This presents a compelling investment opportunity with significant potential for growth and strong cash flow. The property's location and tenant mix make it an attractive investment for both seasoned and new investors seeking a stable, high-return asset in a thriving retail market. The property's APN is 29-3N-23-0000-0025-0010.