36248 Emerald Coast Parkway

    Destin, FL 32541
    • $1,695,000
    • STATUS: Active
    • ON SITE: 59 days
    • MLS #: 816792
    Price Reduced
    UPDATED: 46 min ago
    $1,695,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    ATTENTION INVESTORS! Accommodate your 1031 Tax Deferred Exchange requirement by investing in a freestanding, retail building located in Destin, Florida, occupied by Sherwin Williams Paints! This corporate-guaranteed, net lease involves a (10)-year initial term with approximately (5)-years remaining and contains four (5)-year renewal options. Its premier site enjoys a hard corner and signalized intersection, located along Highway 98, which currently carries 40,000+ vehicles per day. Lord & Son was the exceptional contractor, completing the development and building construction in March of 2014. Please inquire for further details. Seller is a Licensed Real Estate Broker in the State of Florida, as well as a Licensed Salesperson in the States of California and Georgia.

    Monthly Payment Calculator



    © 2019 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 Classic Luxury Real Estate, LLC. Data last updated: 2019-04-25T16:59:29.893.
    www.liveandplayon30a.com/homes/92103251

    36248 Emerald Coast Parkway Destin, FL 32541

    • Price: $1,695,000
    • Status: Active
    • Updated: 46 min ago
    • MLS #: 816792
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    Neighborhood:
    Destin
    County:
    Okaloosa
    Area:
    Destin
    Property Description
    ATTENTION INVESTORS! Accommodate your 1031 Tax Deferred Exchange requirement by investing in a freestanding, retail building located in Destin, Florida, occupied by Sherwin Williams Paints! This corporate-guaranteed, net lease involves a (10)-year initial term with approximately (5)-years remaining and contains four (5)-year renewal options. Its premier site enjoys a hard corner and signalized intersection, located along Highway 98, which currently carries 40,000+ vehicles per day. Lord & Son was the exceptional contractor, completing the development and building construction in March of 2014. Please inquire for further details. Seller is a Licensed Real Estate Broker in the State of Florida, as well as a Licensed Salesperson in the States of California and Georgia.
    Exterior Features

    Lot Depth 210.00 Lot Dimensions 125 X 210 Lot Frontage 125.00

    Interior Features

    Income Producing Building Sq Ft 4020 Income Producing Property Type Retail Retail Num Units 1

    Property Features

    As Is Yes Immediate Occupancy No Income Producing Year Built 2014 Listing Board Emerald Coast Property Name Sherwin Williams Paint Store Retail Property Type Freestanding Retail Year Built 2014 Vacant No Zoning Roi-Td / Comm.

    Listing courtesy of Somers & Company.


    © 2019 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 Classic Luxury Real Estate, LLC. Data last updated: 2019-04-25T16:59:29.893.
     
    Classic Luxury Real Estate, LLC
    90 Spires Ln #10A
    Santa Rosa Beach FL, 32459