50 Hill AveFort Walton Beach, FL 32548

This exceptional investment opportunity presents two single-story buildings totaling 8,409 square feet on a 0.99-acre lot in the prestigious Fort Walton Beach Commerce and Technology Park (APN: 17-2S-24-0000-0001-0060). The property boasts a 7.37% cap rate and a strong net operating income (NOI) of $84,780, with 100% occupancy across two tenants under a triple-net (NNN) lease. Building A offers approximately 2,400 square feet of office space, while Building B provides approximately 6,009 square feet of combined warehouse and office space. A fenced lay-down yard behind Building B offers additional storage capacity. The property is zoned CTP and underwent renovations in 2024. This prime location benefits from proximity to numerous high-profile tenants within the Commerce and Technology Park, including BAE Systems, Boeing, Lockheed Martin, and others, ensuring a stable and desirable investment. The property's strong financials, desirable location, and recent renovations make it an ideal addition to any portfolio. This is a multi-tenant, net lease investment property offering a compelling return on investment.