Retail Space / Florida / DeFuniak Springs / 32435 / 1103 U.S. 331

1103 U.S. 331

Q: What is the asking price for 1103 U.S. 331 in DeFuniak Springs?

The asking price for 1103 U.S. 331 is $5,599,000

Q: What is the building size of this Retail property in DeFuniak Springs, FL?

The size of the building/unit at 1103 U.S. 331 in DeFuniak Springs is 14,820 square feet.

Q: What kind of Retail is the propery at 1103 U.S. 331?

The property at 1103 U.S. 331 DeFuniak Springs, FL 32435 is listed as a Free Standing Building Retail property.

Q: What is the population within 1 mile of 1103 U.S. 331?

The population within 1 mile of 1103 U.S. 331 DeFuniak Springs, FL 32435 is 1,051 people.

Q: Who do I contact for questions about 1103 U.S. 331?

You should contact the listing agent, Matthew Mousavi, for any details regarding this commercial listing.

DeFuniak Springs, FL 32435

Defuniak Springs FL - Walgreens

Listing ID: 255319

Print Single-Page Version

Building Size: 14,820 SF

Lot Size: --

Land Size: --

Building $/SF: $377.80

Land $/SF:

Price

$5,599,000

Property Highlights

Excellent visibility via significant street frontage and a large pylon

Description

The tenant will sign a brand new 13-year lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option, growing NOI and hedging against inflation. Headquartered in Deerfield, IL, Walgreens operates over 9,200 stores across all 50 states and was recently included in FORTUNE’s 2020 list of the World’s Most Admired Companies for the 27th consecutive year.
Strategically located at the signalized, hard corner intersection of US Highway 331 and Bob Sikes Road, averaging a combined 25,400 vehicles passing by daily. The site is ideally situated across from Walmart Supercenter, a premium big-box tenant that significantly increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Other nearby national/credit tenants include Lowe’s Home Improvement, Tractor Supply Co., Advance Auto Parts, Dollar Tree, AutoZone, and more.

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Pensacola History of Retail Space for Sale

Loan and Amortization Calculator

Listing Price

Down Payment

Loan Amount:

Interest Rate:

Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 1103 U.S. 331 DeFuniak Springs, FL 32435

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		1,051	7,027	12,116
Population Median Age		43	38	39
Population by Age	0-9 Yrs	90 (8%)	865 (12%)	1379 (11%)
	10-19 Yrs	60 (5%)	846 (12%)	1383 (11%)
	20-29 Yrs	218 (20%)	1253 (17%)	1913 (15%)
	30-39 Yrs	150 (14%)	950 (13%)	1601 (13%)
	40-49 Yrs	113 (10%)	949 (13%)	1648 (13%)
	50-59 Yrs	139 (13%)	730 (10%)	1447 (11%)
	60-69 Yrs	101 (9%)	648 (9%)	1385 (11%)
	70+ Yrs	181 (17%)	787 (11%)	1360 (11%)

Median HH Income		$45,764	$42,278	$39,087
Total Household Income	< 24K	99 (21%)	696 (25%)	1351 (29%)
	25-49K	175 (38%)	960 (35%)	1462 (32%)
	50-74K	30 (6%)	299 (11%)	543 (11%)
	75-99K	58 (12%)	291 (10%)	495 (10%)
	100-199K	64 (14%)	405 (15%)	647 (14%)
	200K+	30 (6%)	51 (1%)	70 (1%)

Highest Education Level	No Diploma	108	642	1492
	Diploma or GED	222	1699	3104
	Some College	127	1171	1911
	Assoc. Degree	89	342	640
	Bachelors Degree	130	609	908
	Higher Degree	63	230	412

Total Housing Units		613	3,364	5,685
--Owner-Occupied		283	1,515	2,800
--Renter-Occupied		173	1,186	1,768
Owner-Occupied Values	< 100K	90	569	1190
	100-199K	101	548	942
	200-299K	43	230	360
	300-399K	13	79	114
	400-499K	35	62	103
	500K+	1	26	91

Total Working Age Population		920	5,636	9,862
In Work Force		630	3,628	5,612
Not In Work Force		290	2,008	4,250
Workforce Employed		566	3,268	5,048
Workforce Unemployed		62	340	542
Civlian Workforce		629	3,608	5,589
Military Workforce		1	20	22

Total Households		456	2,700	4,568
Family Households		206	1,622	2,838
Non-Family Households		250	1,078	1,730
Married Couple		162	1,180	2,114
Other Family		43	442	724
Married w/Child		72	518	755
Single Male w/Child		9	111	149
Single Female w/Child		6	189	350

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Florida	15,982,378	+18	18,801,310	+14	21,517,610	+13	24,340,457
Walton County	40,601	+36	55,043	+30	71,814	+25	89,478

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1103 U.S. 331 in DeFuniak Springs?

The asking price for 1103 U.S. 331 is $5,599,000

What is the building size of this Retail property in DeFuniak Springs, FL?

The size of the building/unit at 1103 U.S. 331 in DeFuniak Springs is 14,820 square feet

What kind of Retail is the propery at 1103 U.S. 331?

The property at 1103 U.S. 331 DeFuniak Springs, FL 32435 is listed as a Free Standing Building Retail property

What is the population within 1 mile of 1103 U.S. 331 in DeFuniak Springs?

The population within 1 mile of 1103 U.S. 331 DeFuniak Springs, FL 32435 is 1,051 people.

Who do I contact for questions about 1103 U.S. 331?

You should contact the listing agent, Matthew Mousavi, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
63 Hotz Avenue, Santa Rosa Beach, FL	$3,900,000	4150	0.16
11662 U.S. 98, Miramar Beach, FL	$1,750,000	5493	0.35
1281 Eglin Parkway, Shalimar, FL	$1,029,000	3397	0.5
1329 Main Street, Chipley, FL	$550,000	3765	1.1
136 Alf Coleman Rd, Panama City Beach, FL	CALL	500	-
11770 Panama City Beach Parkway, Panama City Beach, FL	$1,599,000	5041	0.74
7905 Front Beach Road, Panama City Beach, FL	$1,767,000	2083	1.5
2704 15th Street, Panama City, FL	$350,000	2508	0.74
711 East Park Avenue, Enterprise, AL	$880,000	9100	1.8
908 East 23rd Street, Panama City, FL	CALL	4000	1

Closest Commercial Airports

Airport	Distance (mi)
Destin-Ft Walton Beach Airport (VPS)	29
Tallahassee Regional Airport (TLH)	108
Montgomery Regional (Dannelly Field) Airport (MGM)	111