- For Lease $15.00 - $28.00/SF/YR
- Property Type Retail
- Property Size 105,599 SF
- Lot Size 10.2 Acre
- Property Tenancy Multi-Tenant
- Date Updated May 15, 2026
Description
Winn Dixie anchored center located in the heart of the Bluewater Bay market in Niceville, FL. The population growth in Niceville has skyrocketed in the last decade. It continues to have a strong housing market and economy due to its prime location near one of the world's largest air force bases, the hospital, NW FL college, highly-rated schools, the Destin/Ft Walton airport, and numerous new developments.Prime retail and office space available within the highly desirable Winn-Dixie–anchored Bluewater Bay Shopping Center. Suites ranging from 1,200 to 4,000 SF offer flexible opportunities for a variety of users.
The ±105,599 SF center is strategically located in the heart of the Niceville trade area, providing exceptional access and visibility along Highway 20, the primary east-west corridor. The property features a strong co-tenant mix, ample parking, and prominent pylon signage, making it an ideal location for businesses seeking high exposure in a thriving market.
Highlights
- High traffic counts in front of the center with over 33,000 VPD
- Ideal location in Niceville with ample parking and great pylon signage available
- Prime restaurant, medical, retail, and office space available in the desirable grocery-anchored shopping center in Bluewater Bay
True
4 Spaces Available
1507 A & B
Space Type
General Office
Lease Rate
$22.00/SF/YR
Total Space
4,000 SF
Divisible Space
4,000 - 4,000 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Office Space | $9.03 NNN
4506-250
Space Type
General Office
Lease Rate
$15.00/SF/YR
Total Space
1,918 SF
Divisible Space
1,918 - 1,918 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Office Space | $9.03 NNN
4536
Space Type
Medical Office
Lease Rate
$22.00/SF/YR
Total Space
4,000 SF
Divisible Space
4,000 - 4,000 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Medical Space | $6.75 NNN
4546
Space Type
Strip
Lease Rate
$28.00/SF/YR
Total Space
1,200 SF
Divisible Space
1,200 - 1,200 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Endcap Restaurant Space - Available 02/01/2027 | $6.75 NNN
Contacts
Harry Bell
Bellcore Commercial
Location
Located at 4506-4546 HWY 20 E & 1501 Merchants Way, Niceville, FL 32578, this property is part of the Bluewater Bay neighborhood and Pensacola market.
Contact Listing Broker
Harry Bell
Bellcore Commercial
