Northmarq is pleased to offer the opportunity to acquire the 100% leased CVS Pharmacy located at 434 Racetrack Road NE in Fort Walton Beach, FL. The ±13,949 SF property is operating under an Absolute NNN lease, with CVS responsible for all real estate taxes, insurance, roof, structure, HVAC, parking lot, and CAM charges. The lease includes 5% rent increases during renewal option periods and a 10% increase in the second option period. The property is located within the Crestview–Fort Walton Beach–Destin, FL MSA, a high-growth market with a population of approximately 310,000 as of 2024. Fort Walton Beach benefits from a strong military presence, expanding suburban communities, and year-round coastal tourism. Additionally, Florida is one of only nine states that does not impose an individual state income tax, enhancing the asset’s long-term investment appeal. In Association With: Jason Long Florida Broker FL Lic #BK3302956