Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
Prime commercial property located on the highly sought-after south side of Highway 98, strategically positioned between Silver Sands Outlet Mall and Sandestin Resort. This meticulously maintained, free-standing building spans 7,680 sq. ft., with a new TPO roof scheduled for installation within the next eight weeks. The property is being sold occupied, as the owner is conducting a sale-leaseback. The lease is a gross lease, and the current owner is self-insured, opting not to carry wind coverage. The tenant will occupy the property for two years, with lease details available upon request. The expected return on investment is between 6.5% and 7% varies depending if you self insure. Building constructed out of solid concrete block and flat TPO roof. Property features 16 dedicated parking. Expansive windows on both levels create a bright and inviting environment, ideal for a retail store, office space, or general commercial operation. The building offers exceptional flexibility, allowing for easy division into separate units to accommodate various business needs.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.17
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Property Type
Commercial Sale
Exterior
-
Garage
No
Financial
-
Sales Price
$2,650,000
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Zoning
Commercial
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Location
County
Walton
Elementary School
Middle School
High School
Listing Courtesy of Carl E Allen , Counts Real Estate Group Inc
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Real Estate Professional
GailJohnsey
Call Gail today to schedule a private showing.
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