200K PRICE REDUCTION ! PERFECT FOR 1031 BUYER !
Destin, FL
Listing
| Web ID: | 5731855 |
|---|---|
| Website: | https://www.nestseekers.com/5731855 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Retail |
| Lot Size: | 0.6 Acres |
Financials
Price:$3,900,000
Annual Taxes:$17,135.15
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
Location
Contact
Listing Courtesy of Levy Realty Advisors LLC
