12200 Us Highway 98, DESTIN

$4,950,000

0 Beds
0 Baths
80,150 Sqft
1.84 Acres
0 Garages

This transaction involves two successful Gold's Gym health clubs operating in Miramar Beach since 1999 and Fort Walton Beach since 1996. The freestanding Miramar Beach location is 10,940 SF (9,910 SF Net Rentable) with 200' of prime footage on Hwy 98. The freestanding Fort Walton Beach property is 10,126 SF (10,047 SF Net Rentable) with 212' of frontage on Eglin Pkwy. There is ''significant traffic count'' on going by both these properties. The Ownership would consider the following acquisition options: 1.) A Sale/Lease-Back with the Owner staying on at the Tenant with a 10-Year NNN Lease. 2.) A Sale of the Buildings/Properties/Business.The Ownership has Partnered with one of the best fitness industry professional in the health and fitness industry to drive the Business/Membershi

Essential Information
MLS® #828920
Price$4,950,000
Square Footage80,150
Acres1.84
TypeCommercial Sales
StatusActive
Community Information
Address12200 Us Highway 98
AreaSouth Walton West
CityDESTIN
CountyWALTON
StateFL
Zip Code32550
Exterior
Lot Description200' X 400'
Additional Information
Days on Website9
ZoningCoastal Center
RE / Bank OwnedYes
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Listing Courtesy Of The Premier Property Group. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on August 17th, 2019 at 9:45am CDT.

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