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14767635
14725260

16564 US-331, Freeport, FL 32439

TW
FL 3231614
CBRE - Northwest FL
EF
FL, SL3245627
CBRE - Northwest FL
SH
SL3525115
CBRE - Northwest FL
Listed by CBRE - Northwest FL
Unpriced
863 days on market
Updated 20 days ago

The Waters at Freeport

Details
Property Type Land
Sub Type Commercial
Lease Expiration 10/10/2024
Acreage 5.000
Zoning Commercial (Retail/Restaurant)
Parking Spaces 277 spaces
Sale Condition Sale for leaseback

Land | 5 acres

Marketing description

The opportunity is the commercial component of a master-planned, mixed-use development which includes a 226-unit, Class A apartment community under development. Located on US Hwy 331 just south of State Road 20, and surrounded by the market’s primary commercial/retail destination uses and new residential communities, The Waters at Freeport is ideally positioned to capture local, commuter, and tourist driven retail traffic. Sharing the signaled intersection that is the primary ingress/egress for Freeport’s only anchored shopping center (anchored by Publix grocery store), further supported by the adjacent apartment community under development, and as the first retail stop for tourists driving to the famous Beaches of South Walton, this is arguably the best retail development site available anywhere in the rapidly growing Freeport/North Walton County market area.

Investment highlights

+ Great visibility on a hard corner, with over 600’ of frontage on US 331, sharing access at signalized intersection with adjacent Publix-anchored shopping center.

+ Over 30,000 average daily traffic, and growing rapidly.

+ The opportunity is the commercial component of a master-planned, mixed-use development which includes a 226-unit, Class A apartment community under development

+ Prime location in Freeport, FL, the fastest growing city in the fastest growing county in Florida - expanding at a 5.6% annual clip, with thousands of new residents arriving each year.

Listing Contacts

TW
FL 3231614
CBRE - Northwest FL
EF
FL, SL3245627
CBRE - Northwest FL
SH
SL3525115
CBRE - Northwest FL
Listed by CBRE - Northwest FL

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