12500 Emerald Coast Pkwy, MIRAMAR BEACH

$3,800,000

0 Beds
0 Baths
66,647 Sqft
1.53 Acres
0 Garages

Available: 25235sf Freestanding retail building in Destin FL located between The Destin Commons retail center and Silver Sands Outlets. This property is currently occupied by a single user and is a rare opportunity for multi tenant re-development or end user. Current lease rates in the local market range from $20-$45NNN with low vacancy rates. Florida DOT traffic counts for this property are 49,300 ADT and this property is at a controlled intersection. Building features include: 12'8'' eave height with 18' clear span, fire suppression sprinklers, three phase power, 72 tons of Air Conditioning, 73 parking spaces and current pass through expenses are $.83 per sf. Current tenant will vacate 60 days after or the business can be included in the purchase of the property at no additional expense

Essential Information
MLS® #881273
Price$3,800,000
Square Footage66,647
Acres1.53
TypeCommercial Sales
StatusActive
Community Information
Address12500 Emerald Coast Pkwy
AreaMiramar/Sandestin Resort
CityMIRAMAR BEACH
CountyWALTON
StateFL
Zip Code32550
Exterior
Lot Description160 x 390
Additional Information
Days on Website18
ZoningCoastal Center
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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 Taylor Allen Properties LLC. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2021, All rights reserved.

Listing information last updated on September 26th, 2021 at 4:45am CDT.

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