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402 NW Mary Esther Cuttoff

Fort Walton Beach, FL 32548
  • $2,700,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: 880079
UPDATED: 73 min ago
$2,700,000
  • 0
    BEDS
  • 0.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

This is newly developed restaurant space makes an excellent investment opportunity for a savvy buyer. The building was constructed in 2017 and is leased by a national franchise, Buffalo Wings & Rings. The lease is a 12 year, NNN lease which commenced on April 1st of 2017. The daily traffic count at the address is 42,000 vehicles. The property is located next to O'Reilly Auto Parts is near to several other national franchises and companies including Home Depot, Whataburber, Publix and Moe's Southwest Grill. The building is 5,300 square feet and sits 218 patrons at a time.Profit and loss statements available w/non disclosure agreement for qualified buyers.

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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: 2021-11-28T07:59:39.097.
www.backstagerealty.com/homes/120734946
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402 NW Mary Esther Cuttoff Fort Walton Beach, FL 32548

  • Price: $2,700,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 73 min ago
  • MLS #: 880079
0
Beds
0
Baths
0
½ Baths
0.73
Acres
Neighborhood:
Fort Walton Beach
County:
Okaloosa
Area:
Fort Walton Beach
Property Description
This is newly developed restaurant space makes an excellent investment opportunity for a savvy buyer. The building was constructed in 2017 and is leased by a national franchise, Buffalo Wings & Rings. The lease is a 12 year, NNN lease which commenced on April 1st of 2017. The daily traffic count at the address is 42,000 vehicles. The property is located next to O'Reilly Auto Parts is near to several other national franchises and companies including Home Depot, Whataburber, Publix and Moe's Southwest Grill. The building is 5,300 square feet and sits 218 patrons at a time.Profit and loss statements available w/non disclosure agreement for qualified buyers.
Interior Features

Income Producing Building Sq Ft 5675 Income Producing Property Type Restaurant

Property Features

As Is Yes Immediate Occupancy No Income Producing Annual Gross Income 166.00 Income Producing Cap Rate 5.70 Income Producing Net Operating Income 149024.00 Income Producing Year Built 2017 Listing Board Emerald Coast Property Name Buffalo Wing And Rings Vacant No Zoning Commercial

Listing courtesy of Nbi Properties Inc.


© 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: 2021-11-28T07:59:39.097.
 
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