36248 Emerald Coast Pkwy, DESTIN

$1,595,000

0 Beds
0 Baths
19,602 Sqft
.45 Acres
0 Garages

ATTENTION INVESTORS! Accommodate your 1031 Tax Deferred Exchange requirement by investing in a freestanding, retail building located in Destin, Florida, occupied by Sherwin Williams Paints! This corporate-guaranteed, net lease involves a (10)-year initial term with approximately (4)-years remaining and contains four (5)-year renewal options. Its premier site enjoys a hard corner and signalized intersection, located along Highway 98, which currently carries 40,000+ vehicles per day. Lord & Son was the exceptional contractor, completing the development and building construction in March of 2014. Please inquire for further details. Seller is a Licensed Real Estate Broker in the State of Florida, as well as a Licensed Salesperson in the States of California and Georgia.

Essential Information
MLS® #841919
Price$1,595,000
Square Footage19,602
Acres0.45
TypeCommercial Sales
StatusActive
Community Information
Address36248 Emerald Coast Pkwy
AreaDESTIN
CityDESTIN
CountyOKALOOSA
StateFL
Zip Code32541
Exterior
Lot Description125 X 210
Additional Information
Days on Website34
ZoningROI-TD / Comm.
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Courtesy Of Somers & Company. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2020, All rights reserved.

Listing information last updated on April 7th, 2020 at 4:00am CDT.

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