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700 Eglin Pky NE
Fort Walton Beach, FL 32547 Ocean City

$4,834 USD/MO

Freestanding For Lease • 2,619 SF

Property Details

Property Type Freestanding
Year Built 1968
Total Building Size 2,619 SF
Tenancy Single
Building Class C
Zoning C

0 Transit Score

60 Walk Score

1 Space Available

Name

Space Use

Size

Rent

Details

1st Floor Ste

Retail

2,619 SF

$22.15 USD/SF/YR

700 Eglin Parkway NE in Fort Walton Beach is a standout retail investment opportunity offering a high-visibility, income-producing location with significant redevelopment upside. This freestanding 2,619?SF building, constructed in 1968 on a 0.28-acre signalized hard corner at Eglin Pkwy & Racetrack Rd NE, is currently leased to Goodwill Donation Center with approximately three years remaining on the NNN lease. With daily traffic counts exceeding 40,000 vehicles, the site benefits from strong exposure on one of the region’s most heavily traveled corridors. The listing is priced at $574,710 for sale and $22.15/SF for lease, and includes a billboard, dual income streams, and a cap rate in the mid-6% range—underscoring its value as a reliable investment with long-term repositioning potential in a vibrant commercial district.

Date available: Jan 2026
Lease term: Negotiable
Service type: Triple Net
Built out as: Standard Retail
Space Type: Relet

Description

Premier Commercial Group is pleased to offer for lease a 2,619 SF freestanding retail building located at 700 Eglin Parkway NE in Fort Walton Beach, Florida. 
Currently occupied by Goodwill Donation Center, this highly visible property sits on the signalized hard corner of Eglin Parkway and Racetrack Road, one of the area’s most heavily traveled intersections.
The site offers excellent visibility, convenient access, and strong traffic counts, surrounded by a diverse mix of national retailers, QSRs, and service-oriented tenants.
With approximately three years remaining on Goodwill’s lease, this property provides future redevelopment potential—ideal for users seeking long-term positioning along the dominant Fort Walton retail corridor.

                
                    Highlights
                
                                Site Position: Signalized hard corner of Eglin Pkwy & Racetrack Rd
                            
                                Traffic Counts: 40,000+ VPD combined along Eglin Pkwy & Racetrack Rd
                            
                                Zoning: Commercial (C-2) – City of Fort Walton Beach
                            
                                Surrounding Tenants: Walmart, Chick-fil-A, Starbucks, Publix, Firestone, and Wells Fargo
                            
                                Future Upside: Ideal redevelopment site with high visibility and strong demographics

Property Flyers

700 Eglin Pkwy (Goodwill)

Amenities

Signage
Signalized Intersection

Public Transportation

Airport	Drive	Walk	Distance
Eglin AFB/Destin-Ft Walton Beach	25 min	-	8.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes

Jake McPhail 850-860-6786 Premier Commercial Group

700 Eglin Pky NE Fort Walton Beach, FL 32547 Ocean City