28 SE Perry Avenue Avenue Fort Walton Beach, FL 32548

28 Perry Avenue is home to the Hanger Clinic. This unique medical user specializes in Prosthetics and Orthotics and has been in this location since 1997. This freestanding 3432 SF building is occupied by a national company that has over 900 locations. The medical office is a brick, single story faci...lity with a standing seam metal roof, efficient layout consisting of reception area, 5 exam rooms, 3 restrooms, kitchen area and light manufacturing area. The long standing tenant has an existing lease that currently runs thru April 30, 2027 with 2 additional option terms thereafter. The current Net Operating Income is $52,193 and is being offered at a 7.2% CAP rate. Continue reading