12500 Emerald Coast Pkwy, MIRAMAR BEACH

$3,800,000

0 Beds
0 Baths
66,647 Sqft
1.53 Acres
0 Garages

Available: 25235sf Freestanding retail building in Destin FL located between The Destin Commons retail center and Silver Sands Outlets. This property is currently occupied by a single user and is a rare opportunity for multi tenant re-development or end user. Current lease rates in the local market range from $20-$45NNN with low vacancy rates. Florida DOT traffic counts for this property are 49,300 ADT and this property is at a controlled intersection. Building features include: 12'8'' eave height with 18' clear span, fire suppression sprinklers, three phase power, 72 tons of Air Conditioning, 73 parking spaces and current pass through expenses are $.83 per sf. Current tenant will vacate 60 days after or the business can be included in the purchase of the property at no additional expense

Essential Information
MLS® #812651
Price$3,800,000
Square Footage66,647
Acres1.53
TypeCommercial Sales
StatusActive
Community Information
Address12500 Emerald Coast Pkwy
AreaSouth Walton West
CityMIRAMAR BEACH
CountyWALTON
StateFL
Zip Code32550
Exterior
Lot Description160 x 390
Additional Information
Days on Website160
ZoningCoastal Center
Listing Details
OfficeTaylor Allen Properties LLC
Property History
Price Reduced from $4,000,000 to $3,800,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on May 26th, 2019 at 12:30pm CDT.

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