Tbd Origins Main St Watersound, FL 32461
This exceptional retail space, totaling 12,935 square feet, presents a unique leasing opportunity within the vibrant Watersound Town Center in Watersound, Florida. Located at the highly visible corner of Origins Main Street and Plaza Way, this new construction first-floor unit benefits from its strategic position at the entrance of the Watersound Origins residential community and along US Highway 98, a major transportation artery. Anticipated completion is in the fourth quarter of 2025. The lease terms include a base rent and percentage rent structure, with tenant improvement allowances (TIA) available to assist with buildout. This thriving lifestyle center already boasts a diverse mix of established businesses, including Starbucks, Publix, FedEx, Village Market, Ascension Sacred Heart, Ambrosia, Dermatology Specialists, Aqua Medical Spa, Nigel's, Sweet Henrietta's, Legacy Dental, and Halo Salon. Further enhancing the area's appeal, J. McLaughlin and a high-end sports bar are slated to open soon. This location offers unparalleled visibility and access to a substantial customer base within a rapidly growing community. The property's prime location and the strength of existing tenants make this an exceptional investment opportunity for discerning businesses seeking a high-traffic, high-visibility location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.