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  • Price$925,000
  • SQ. Feet13,939
  • Acres0.32

768 E John Sims Parkway, Niceville

Freestanding 2 story office / retail building centrally located in Niceville, FL. This 5-unit commercial building is fully leased to tenants such as MJ's Coffee, Comfort Keepers & American Fence. Each of the 5 units are separately metered for Power & Water. A new standing seam metal roof was added in 2017 and is in great shape. This concrete block building is very well built, and the location gives amazing visibility to all its tenants. The current traffic count from FDOT is 38,000 cars per day. The site is .32 acres and has 16 parking spaces on property. There is a current handshake deal for additional parking on an adjacent property to the north. A proforma rent roll shows a Net Operating Income of $65,000, which provides a 7% CAP Rate.

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Essential Information

  • MLS® #942324
  • Price$925,000
  • Sold Price$850,000
  • Square Footage13,939
  • Acres0.32
  • TypeCommercial Sales
  • StatusSold

Additional Information

  • Days on Website173
  • Date Sold2024-05-17

Community Information

  • Address768 E John Sims Parkway
  • Area13 - Niceville
  • CityNiceville
  • CountyOkaloosa
  • StateFL
  • Zip Code32578

Listing Details

  • Listing OfficeTaylor Allen Properties LLC
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