36070 Emerald Coast Parkway, Not Provided, FL 32541

$3,900,000

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List Price
$3,900,000
Price Change
▼ $214,286 1787171238
MLS#
B26044362
Status
ACTIVE
Type
Commercial

Property Description

$200K PRICE REDUCTION! PERFECT FOR 1031 BUYER! Exceptional Single-Tenant Retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, affiliated with 1,000 locations nationwide. This location has been there 25+ years and ranked the Top Flooring retailers serving Destin, FL . The Company sales are mid $3M per year. The investment provides stable in-place cash flow in a growing market. Located right on US-98 with incredible visibility the building is less then a mile from Publix, Walmart, and other national Retailers. Built in 2003, and roof was resealed in 2024. Standard NNN Tenant, $288,000 annual income in-place today. Seller reviewing all offers and motivated.

Additional Information

Days on Market
83
Tax Amount
$17,135
Water Access
Building Only, Business And Building
Parcel Number
002s22238000000090
Lot Size
24,970
Directions
Right on US-98 Highway
Address
36070 Emerald Coast Parkway, Not Provided
Year Built
2003
Special Information
Updated/Remodeled, Completely Renovated, Substantially Remodeled

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Listing Courtesy of Levy Realty Advisors LLC, Contact: