Stealth 45 Properties Sells Fort Walton Beach Office For $9.2M
45 Eglin Pkwy 3, Fort Walton Beach, Florida 32548, United States
$9,200,000
$303/SF
Building Size
30,344 SF
Asset Type
Office
Closing
Sep 19, 2022
AI
An office property located at 45 Eglin Parkway in Fort Walton Beach has been sold for a price of $9,200,000. The property spans a total area of 30,344 square feet, resulting in a price per square foot of $303. The transaction took place on 09/20/2022.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $9,200,000
- Address: 45 Eglin Parkway, Fort Walton Beach
- Market: Fort Walton Beach
The seller of the property was Stealth 45 Properties, LLC. Representing the seller in this transaction were Frank Roti, Brett Rodgers, and Alex Sacks from Marcus & Millichap.
Players
Fort Walton Beach Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93