PERFECT FOR 1031 BUYER! Exceptional Single-Tenant Retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, a TOP RANKING flooring and kitchen Retailer serving Destin since 1999. The Company sales is $3M+ per year. The investment provides stable in-place cash flow in a growing market. Located right on US-98 with incredible visibility the building is less then a mile from Publix, Walmart, and other national Retailers. Built in 2003, and roof was resealed in 2024. Absolute NNN Tenant, $288,000 annual income in-place today, offered at a 7% cap rate = $4.1M. Seller reviewing all offers and motivated.
Listed By
Agency Name: Levy Realty Advisors LLC
Agency Phone: 954-491-5505
Shown By
Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark
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36070 Emerald Coast Parkway | MLS# B26044362
This commercial property located at 36070 Emerald Coast Parkway, Destin, FL 32541 is currently listed for sale with an asking price of $4,114,286. Search Destin real estate on mainlinemanny.realtymark.net today.