12500 Emerald Coast Parkway, Miramar Beach, FL 32550

$2,850,000
Sold Price
$2,850,000
List Price
$3,500,000

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 The owner's are retiring and are in the process of closing.

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Listing courtesy of Taylor Allen Properties LLC. Selling Office: Destin Luxury Real Estate and Rentals.

Vendor Member Number : 28166