9539 W Us-98 Hwy Miramar Beach, FL 32550
Prime commercial property near Silver Sands Outlet Mall and Sandestin Resort.
Lot size:
0.17 AcresProperty Features for 9539 W Us-98 Hwy
General Information
- Lot size
- 0.17 Acres
Source: Counts Real Estate Group Inc
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Property on Highway 98
This commercial property is located on the south side of Highway 98, between Silver Sands Outlet Mall and Sandestin Resort. The free-standing building has 7,680 sq. ft. of space. The building is constructed out of solid concrete block and features a flat TPO roof, with a new TPO roof scheduled for installation within the next eight weeks. There are 16 dedicated parking spaces. The property is being sold occupied, as the owner is conducting a sale-leaseback. The lease is a gross lease, and the current owner is self-insured, opting not to carry wind coverage. The tenant will occupy the property for two years, with lease details available upon request. The expected return on investment is between 6.5% and 7% varies depending if you self insure.
Location Intelligence
Current Use by Public Records
Isalis
Gift Shop
Party City
Party Store
Skunk Funk
Wholesaler
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
Outdoor Clothing And Equipment Shop
Similar Places Nearby
Creative designs floral of Destin, Pavlic's Florist & Gifts, LLC, Destin Events and Floral, Amore Floral Designs of Destin, LLC
Location Insight
- Map
- Local Demand
- City
- Miramar Beach
- County
- Walton
- State
- Florida
- Longitude
- -86.4958
- Latitude
- 30.3934
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Prime commercial property near Silver Sands Outlet Mall and Sandestin Resort.
Where is this storefront property located?
The property is located at 9539 W Us-98 Hwy Miramar Beach, FL.
What is the asking price?
The asking price for this property is $2,625,000.
What are key features of this property?
This property features: - Prime commercial location on Highway 98, between Silver Sands Outlet Mall and Sandestin Resort.; - Free-standing building with **7,680 sq. ft.**; - Sale-leaseback opportunity with a two-year lease term.