Crestview Market Place

Crestview Market Place is located in Crestview, FL. Crestview is one of the fastest growing cities in the United States for populations under 150,000. Of the 7 fastest growing cities in Florida, Crestview is the only one located in the panhandle region of Florida. The city is 50 miles east of Pensacola, 120 miles west of Tallahassee, and 30 miles inland from the beautiful beaches of the Gulf of Mexico. Crestview is located at the junction of three major highways; U.S. 90, State Road 85, and Interstate Highway 10, which resulted in its acclaimed designation as the "Hub City" of northwest Florida. Crestview and Okaloosa County is home to Eglin AFB, one of the largest military bases in the world. All five branches of the military have a connection to Eglin AFB and the Emerald Coast. Crestview is also home to Duke Field, which serves as the base for the AF 919th Special Operations Wing and the US Army 7th Special Forces Group. Hurlburt Field is home to the Air Forces Special Operations Command. Crestview is home to many military contractors, such as Vortex, and many military employees.The Cress Group is pleased to offer for sale, Crestview Market Place in Crestview, FL located at HWY 85 and North Ferdon Blvd. Crestview is one of the fastest growing cities in the United States for populations under 150,000. Of the 7 fastest growing cities in Florida, Crestview is the only one located in the panhandle region of Florida. Constructed in 1999 the shopping center has been a staple for the many residents of north Crestview who visit the property for their various shopping needs. The property consist of 71,000 sqft. of retail across 10.65 acres of land, has been anchored by Winn Dixie since the center was constructed and has maintained an occupancy of over 95% for the last decade, currently sitting at 98.3% occupied. Winn Dixie has maintained strong store sales even with Publix locating across the street in 2018. With construction underway for the new Crestview bypass system, the current beginning/ending point for the bypass as currently planned will be the intersection of HWY 85 and North Ferdon Blvd giving the property increased exposure and access to the residents of Crestview. Crestview Market Place is located next to Crestview Highschool and Crestview Middle School. The property currently has non-recourse financing placed which can be assumed for a 1% assumption fee. The debt matures in early 2027. Seller will also consider a loan payoff to provide property debt free.One Space 1200 SF Available Space is 20x60 located next to Winn Dixie Established Winn-Dixie Anchored Shopping Center $17.50 per sqft. plus NNN Crestview is the Panhandle's Fastest Growing Market Located at HWY 85 and Old Bethel Road