1012 Airport Rd - Office/Residential FOR SALE
Destin, FL 32541 |
$2,999,999 USD
513-325-8682
1012 Airport Rd
Destin, FL 32541
HIGHLIGHTS
- 4,500-SF Multi Tenant Office Plaza on a 0.38-AC Parcel | Operating on a Master Lease With 7+ Years Remaining and 3% Annual Rental Increases
- No Landlord Responsibilities | Tenant is Responsible for All Insurance, Taxes, Maintenance and Utilities | Parking Lot With 23 Spaces
- Modern Exterior Finishes and Lighting | Strong Location Directly Adjacent to Destin Executive Airport, a General Aviation Airport
- Boasts High Visibility Along Airport Road in a Dense Office Corridor | Located Near Multiple National Retailers Such as Target, UPS, Chick-Fil-A, CVS
- 1 Mile From Downtown Destin, a Major Vacation and Tourism Destination Seeing 4.5 Million Annual Visitors
- 2 Miles From Destin Beach Access and Multiple Conference Centers, Hotels and Beach Resorts in Destin
FOR SALE DETAILS
PRICE
$2,999,999 USD
PRICE/SF
$667 USD /SF
CAP RATE
8.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Executive Airport Plaza
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
0.38 AC
LAND SF
16,553 SF
ZONING
Office
APN/PARCEL ID
00-2S-22-1615-0000-0CA0
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513-325-8682
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513-325-8682
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