Walmart | Brand New Next-Gen Market Store | 20-Year… — Sale in Crestview, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Crestview, FL 32539
Photos
Investment Figures
- Cap rate
- 5.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the Walmart Ground Lease in Crestview, FL. Investment Highlights: • 20-Year Absolute NNN Ground Lease with No Landlord Responsibilities • Investment Grade Credit Tenant (Rated 'AA' by S&P), Ranked #23 on Forbes Global 2000 • 2nd Largest Company in the World by Revenue ($681 Billion in 2025) • Significant Capital Investment by Tenant to Build New Next-Gen Prototype Store with Liquor Store and Drive-Thru Pharmacy • Brand New Construction, Large 8.55+/- Acre Parcel Includes Walmart Fuel Station and Convenience Store, • Serving Over 64,000 Residents in Northwest Florida's "Hub City" and Rapidly Growing Trade Area • Situated in One of Okaloosa County's Fastest-Growing Commercial and Residential Corridors • Surrounded by Several Residential Developments with 3,000+ Homes
Market Context
This retail in Crestview, FL is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Crestview, FL — view the full market.
Estimated Price per SF
$66.07/SF – $480.48/SF
Mid: $200.20/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Phil Sambazis · (858) 373-3174 · phil.sambazis@marcusmillichap.com
- Ryan Nee · (954) 245-3400
- Chad O'Connor · (858) 373-3146 · chad.oconnor@marcusmillichap.com
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