Income Producing- Niceville FL

COM NE COR OF NW1/4 W414 FT S580 FT E101.6 FT S50 DEG E101.7 FT S40 DEG W16 FT TO POB S50 DEG E170 FT S40 DEG W141.8 FT N50 DEG W170 FT N40 DEG E141.8 FT TO 23-1S-22-0000-0001-004CCommercial Duplex available for purchase in Bluewater Bay, FL. This building sits as an outparcel to a grocery anchored shopping center that has tremendous mixed use synergy. This 7000sf property consists of a 5200sf office space and a 1800sf restaurant. Each space is fully leased with 5 year terms. (5200 SF space leased to a Defense Contractor - 5 year lease - Feb 1, 2023 - January 31, 2028) German restaurant space (5 year lease - March 2023 - March 2028). This restaurant space is 1800 SF with an additional 700 SF covered patio & Bier garden). while the restaurant lease expires mid 2023 with considerable upside leasing potential. Fifteen minute drive time demographics include: Population 43,117, Median Age 45, Average Household Net Worth $1,880,000. Operating expenses for 2022 available upon request.5200 SF professional office space located in Niceville, FL. This space has a generally open floor plan along with 5 offices, 3 restrooms, kitchen / break room, a large conference room, reception area, server room and four large open work areas. The building is located in a professional office atmosphere within Merchants Walk of Bluewater Bay.