Carrabelle Retail Investment
204 US-98 Carrabelle, FL 32322
204 US-98, Carrabelle, FL, 32322
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For Sale
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Retail property with long-term lease and high-traffic location.
Property Size10,500 SF
Price / SF$261.54
Days on Market1085
Property Features for 204 US-98
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing Agency
Twin Rivers Capital Real Estate Development
Listed by
Joe Boyd · License #SC
Source
Crexi
Added: Jul 31, 2023 Checked: Jul 17 at 9:25 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Twin Rivers Capital Real Estate Development
Investment Insights
Based on property information with market context.
This retail property features a long-term lease with an investment-grade tenant known for its recession-proof and e-commerce-resistant business model. The property is located on US Hwy 98, which experiences a traffic volume of approximately 5,900 vehicles per day. The building has a total area of 10,500 square feet and is currently configured as a combo store format.
Key Highlights
- 10+ year lease provides long‑term investment security.
- Investment grade tenant ensures reliable income stream.
- Recession‑proof tenant offers stability during economic downturns.
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
Similar Off Market Nearby
- Gulfside IGA Plus — 812 Ave A N, Carrabelle, FL 32322
FAQs
What type of property is this?
Grocery and convenience store - Retail property with long-term lease and high-traffic location.
Where is this grocery and convenience store located?
The property is located at 204 US-98 Carrabelle, FL.
What is the asking price?
The asking price for this property is $2,746,154.
What are key features of this property?
This property features: 10+ year lease provides long‑term investment security.; Investment grade tenant ensures reliable income stream.; Recession‑proof tenant offers stability during economic downturns.
