120 S John Sims Pkwy

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120 S John Sims Pkwy

valparaiso, FL 32580
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

120 S John Sims Pkwy is positioned along a primary commercial corridor in Valparaiso, Florida, offering high visibility and direct frontage. The property is situated less than two miles from the East Gate of Eglin Air Force Base, a major regional employment hub. The surrounding neighborhood features a mix of established local businesses, retail centers, and residential communities. Regional connectivity is provided via State Road 20, which links the site to Niceville and nearby Destin-Fort Walton Beach Airport. The building is suited for professional services or administrative functions requiring proximity to military operations or local government offices. Ideal tenants include defense contractors, engineering firms, and legal or consulting practices serving the Okaloose County area. The floor plan supports traditional office layouts or partitioned workspaces for specialized service providers.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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