Property
| Ownership: | For Sale |
|---|---|
| Type: | Retail |
| Lot Size: | 0.6 Acres |
Financials
Price:$3,900,000
Annual Taxes:$17,135.15
Listing Courtesy of Levy Realty Advisors LLC
200K PRICE REDUCTION ! PERFECT FOR 1031 BUYER !
Description
$200K PRICE REDUCTION! PERFECT FOR 1031 BUYER! Exceptional Single-Tenant Retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, affiliated with 1,000 locations nationwide. This location has been there 25+ years and ranked the Top Flooring retailers serving Destin, FL . The Company sales are mid $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. Standard NNN Tenant, $288,000 annual income in-place today. Seller reviewing all offers and motivated.
Amenities
- Electricity Connected
- Fire Alarm
- Fire Sprinkler System
- Security Lights
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
