Bluewater Bay Shopping Center & Office Complex

4506-4546 HWY 20 E & 1501 Merchants Way , Niceville, FL 32578

  • For Lease Contact for pricing
  • Property Type Retail
  • Property Size 105,599 SF
  • Lot Size 10.2 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Feb 26, 2024
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, restaurant, and office space available at the desirable Winn-Dixie anchored shopping center in Bluewater Bay. Up to 4,800 SF of retail space, 2,500 SF of restaurant space, 1,785 SF of office space at the Bluewater Bay shopping center, and 2,500 SF of office space at Merchants Way Office Complex adjacent to the center. The Bluewater Bay shopping center has over 105,599 SF retail, restaurant, and office space. It is ideally located within the highly desirable Niceville trade area. Excellent co-tenant mix with great visibility from the highly trafficked Hwy 20, the main arterial in Niceville. There is ample parking and excellent pylon signage available. The Landlord would consider subdividing the spaces.

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  • Prime restaurant, retail, and office space available in the desirable grocery-anchored shopping center in Bluewater Bay
  • Ideal location in Niceville with ample parking and great pylon signage available
  • High traffic counts in front of the center with over 28,500 VPD
  • Average household income within a 5-mile radius is over $103,015

Spaces Available



Harry Bell

Bellcore Commercial

(850) 434-3434


Getting Around

  • Walk Score ®

    59/100 Somewhat Walkable
  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City Niceville, FL
  • Neighborhood Bluewater Bay
  • Zip Code 32578
  • Market Pensacola

Points of Interest

  • Kangaroo Express

    0.29 miles

  • Exxon

    0.47 miles

  • CEFCO Convenience Store

    2.45 miles

  • Texaco

    3.03 miles

  • Murphy USA

    3.25 miles

  • Tom Thumb

    3.37 miles

  • Shell

    6.82 miles

  • Murphy USA

    7.06 miles

  • TomThumb

    7.38 miles

  • Express

    7.55 miles

  • Taxi Queue

    7.84 miles

  • Cellphone Lot

    7.88 miles

  • The Schnitzel Lodge

    0.03 miles

  • Subway

    0.05 miles

  • Tisano's Garlic Grill

    0.09 miles

  • Whataburger

    0.09 miles

  • Ciao Bella Pizza

    0.11 miles

  • Red Ginger

    0.11 miles

  • Lenny's Subs

    0.17 miles

  • Little Caesars

    0.21 miles

  • Domino's

    0.30 miles

  • Taco Bell

    0.37 miles

  • Winn-Dixie

    0.04 miles

  • Publix

    2.62 miles

  • Walmart Supercenter

    3.21 miles

  • Ross

    3.43 miles

  • Beall's Outlet

    3.54 miles

  • Palm Plaza

    3.75 miles

  • Bayou Plaza

    5.37 miles

  • Belk

    6.54 miles

  • Paradise Key at Kelly Plantation

    6.60 miles

  • Whole Foods Market

    6.67 miles

Frequently Asked Questions

How much does retail space at 4506-4546 HWY 20 E & 1501 Merchants Way cost?

The price for retail space for lease at 4506-4546 HWY 20 E & 1501 Merchants Way is available upon request. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 4506-4546 HWY 20 E & 1501 Merchants Way ?

The property has 12,200 square feet of rentable Retail space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 4506-4546 HWY 20 E & 1501 Merchants Way ?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 4506-4546 HWY 20 E & 1501 Merchants Way . You can find 2 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 3 spaces zoned for retail use within a 0.5-mile radius of 4506-4546 HWY 20 E & 1501 Merchants Way .

Is 4506-4546 HWY 20 E & 1501 Merchants Way located in a popular area for retail businesses?

The property is part of Bluewater Bay.

Looking for more in-depth information on this property?

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Contact Listing Broker


Harry Bell

Bellcore Commercial

(850) 434-3434

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