74 Origins Main St Watersound, FL 32461
This exceptional 2,567 square foot retail space presents a remarkable leasing opportunity in the vibrant Watersound Town Center, located at 74 Origins Main Street, Watersound, FL. Situated on the highly visible corner of Origins Main Street and Plaza Way, this new construction first-floor unit enjoys unparalleled exposure to significant traffic flow along US Hwy 98, the area's primary transportation route. The property benefits from its strategic location at the entrance to the thriving Watersound Origins residential community, ensuring a robust customer base. Anticipated delivery is in the third quarter of 2024. This space is ideally suited for a variety of retail businesses, capitalizing on the high visibility and foot traffic of this burgeoning area. The building offers convenient amenities including common area restrooms and an elevator for easy accessibility. The lease terms include a base rent and percentage rent structure, providing a flexible and potentially lucrative arrangement. Furthermore, a tenant improvement allowance is available to assist with build-out costs, making this an even more attractive proposition. The Watersound Town Center already boasts a diverse mix of established businesses, including Village Market, Ascension Sacred Heart, Ambrosia, Dermatology Specialists, Nigel's, and Aqua Medical Spa, creating a synergistic and thriving retail environment. This is a rare opportunity to secure a prime retail location in a rapidly growing community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.