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100 S Mattie M Kelly Blvd Destin, FL 32541

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For Sale
$3,281,553

New 10-year corporate Starbucks lease in Destin, Florida.

Property size:
2,500 SF
Lot size:
1.77 Acres

Property Features for 100 S Mattie M Kelly Blvd

General Information

Size
2,500 SF
Lot size
1.77 Acres

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Listing Contact
Ben Sullivan
Ben Sullivan
Source: Moodyscre

Listing Agent: Ben Sullivan

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Starbucks NNN Lease Investment Opportunity

This property, opened in 2023, is subject to a new 10-year corporate lease with Starbucks Corporation as the tenant. The lease includes a 10% rent increase in year 5, as well as six 5-year options, each with a 10% increase. The property is located at the corner intersection of US Hwy 98 and Mattie M Kelly Blvd. Minimal landlord responsibilities are associated with this NNN leased investment. The property is suitable for coffee shops, restaurants, retail, and specialty purposes. The building size is 2,500 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Starbucks Cafe & Coffee Shop

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Starbucks, Everything Bagels, Starbucks, Costa, 850 FROYO

Location Insight

  • Map
  • Local Demand
City
Destin
County
Walton
State
Florida
Longitude
-86.471071
Latitude
30.394563

FAQs

What type of property is this?
Coffee shop - New 10-year corporate Starbucks lease in Destin, Florida.
Where is this coffee shop located?
The property is located at 100 S Mattie M Kelly Blvd Destin, FL.
What is the asking price?
The asking price for this property is $3,281,553.
What are key features of this property?
This property features: - Corporate lease with Starbucks Corporation as tenant.; - Brand new 10 year lease term, opened 2023.; - Located on the corner intersection of US Hwy 98 & Mattie M Kelly Blvd.
More about this property
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