Investment Safelite AutoGlass For Sale

Fort Walton Beach, strategically situated between Pensacola and Panama City, boasts a trade area primarily influenced by military personnel from Eglin Air Force Base and Hurlburt Field. Covering over 463,000 acres, Eglin Air Force Base employs over 8,500 military and around 4,500 civilians, while Hurlburt Field hosts 10,782 active-duty military personnel and 1,316 civilian employees, establishing a robust and stable employment base. The Fort Walton Beach MSA has experienced growth through new projects and infrastructure improvements, attracting private development that, in turn, generates employment opportunities and contributes to a thriving local economy. Northwest Florida College, coupled with the presence of the most extensive U.S. Air Force base globally, further enhances the area's appeal. The combination of a stable economy, a strong tourism market, low state taxes, highly rated school systems, and picturesque beaches has positioned Okaloosa County, Florida, as a highly sought-after MSA for residents and tourists alike.+/- 0.582 acres, featuring a standalone building currently under an NNN lease. Safelite has a 3% annual rent increase and has invested approximately $800,000 in improvements to the building. Situated near the core retail trade area, the property boasts convenient access to Eglin Pkwy SE, with a traffic volume of 37,000 AADT. Safelite AutoGlass currently occupies the single-tenant building, ensuring a stable lease arrangement. The surrounding area is populated by well-known retailers and restaurants, including Party City, CVS, Dollar Tree, Ulta Beauty, Family Dollar, Waffle House, McDonald's, Chick-fil-A, Five Guys, and more.