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12500 Emerald Coast Parkway

Miramar Beach, FL 32550
  • $3,800,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 881273
UPDATED: 168 min ago
$3,800,000
  • 0
    BEDS
  • 1.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Available: 25235sf Freestanding retail building in Destin FL located between The Destin Commons retail center and Silver Sands Outlets. This property is currently occupied by a single user and is a rare opportunity for multi tenant re-development or end user. Current lease rates in the local market range from $20-$45NNN with low vacancy rates. Florida DOT traffic counts for this property are 49,300 ADT and this property is at a controlled intersection. Building features include: 12'8'' eave height with 18' clear span, fire suppression sprinklers, three phase power, 72 tons of Air Conditioning, 73 parking spaces and current pass through expenses are $.83 per sf. Current tenant will vacate 60 days after or the business can be included in the purchase of the property at no additional expense

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© 2021 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Back Stage Realty. Data last updated: 2021-10-19T00:00:57.753.
www.backstagerealty.com/homes/121213205
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12500 Emerald Coast Parkway Miramar Beach, FL 32550

  • Price: $3,800,000
  • Status: Active
  • Updated: 168 min ago
  • MLS #: 881273
0
Beds
0
Baths
0
½ Baths
1.53
Acres
Neighborhood:
Miramar/Sandestin Resort
County:
Walton
Area:
Miramar/Sandestin Resort
Property Description
Available: 25235sf Freestanding retail building in Destin FL located between The Destin Commons retail center and Silver Sands Outlets. This property is currently occupied by a single user and is a rare opportunity for multi tenant re-development or end user. Current lease rates in the local market range from $20-$45NNN with low vacancy rates. Florida DOT traffic counts for this property are 49,300 ADT and this property is at a controlled intersection. Building features include: 12'8'' eave height with 18' clear span, fire suppression sprinklers, three phase power, 72 tons of Air Conditioning, 73 parking spaces and current pass through expenses are $.83 per sf. Current tenant will vacate 60 days after or the business can be included in the purchase of the property at no additional expense
Exterior Features

Lot Depth 390.00 Lot Dimensions 160 X 390 Lot Frontage 160.00

Interior Features

Income Producing Building Sq Ft 25235 Income Producing Property Type Retail Retail Building Sq Ft 25235 Retail Num Units 1

Property Features

As Is Yes Immediate Occupancy Yes Income Producing Year Built 1994 Listing Board Emerald Coast Property Name Smith's Antique Mall Retail Expenses 0.81 Retail Property Type Freestanding Retail Vacancy Rate 0.00 Retail Year Built 1994 Vacant No Zoning Coastal Center

Listing courtesy of Taylor Allen Properties Llc.


© 2021 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Back Stage Realty. Data last updated: 2021-10-19T00:00:57.753.
 
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