1598 S County Hwy 393 - Storefront Retail/Office FOR SALE


Santa Rosa Beach, FL 32459
$5,500,000 USD
954-312-1676
1598 S County Hwy 393, Santa Rosa Beach, FL for Sale
$5,500,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | 6.02% Cap Rate

1598 S County Hwy 393
Santa Rosa Beach, FL 32459


HIGHLIGHTS

  • Prime Location: Situated in the thriving Santa Rosa Beach area, this property offers exceptional visibility and accessibility along South County Hwy
  • High-Demand Retail Corridor: Strategically positioned within a rapidly expanding retail corridor, surrounded by established national brands
  • High-Income: Santa Rosa Beach is known for its high-income households and affluent residential communities, providing a solid customer base for retail
  • Robust Tourism & Year-Round Appeal: Santa Rosa Beach is part of the 30A corridor, renowned for stunning beaches, upscale shopping, & vibrant dining
  • Area Growth and New Developments: The ongoing development in the surrounding area, including new residential projects and expanding commercial hubs
  • Triple Net Lease Structure: The property's triple net (NNN) lease structure provides a stable income stream with minimal landlord responsibilities

OVERVIEW

Discover an exceptional commercial investment opportunity in the thriving heart of Santa Rosa Beach, Florida. This 8,959-square-foot building, constructed in 2004, offers a premium asset for discerning retail or street retail investors. Fully zoned for commercial use and boasting 100% occupancy, the property provides reliable cash flow with minimal vacancy risk. Strategically located in one of the most sought-after areas of Santa Rosa Beach, the building enjoys high visibility and prime access, positioning it at the center of both business activity and consumer traffic. This high-traffic location ensures a constant influx of tenants and customers, while the surrounding area's continued growth enhances the stability and long-term potential of your investment. With Santa Rosa Beach experiencing rapid economic expansion, the area is becoming an increasingly desirable destination for both businesses and residents, offering an ideal environment for sustainable returns. This is a rare opportunity to secure a property in one of Florida's most promising and fast-growing commercial corridors. Whether you're seeking to diversify your portfolio or capitalize on a prime investment, this property is well-positioned to deliver strong ROI and long-term value. Don’t miss out on this chance to own a key asset in one of the state’s most dynamic markets.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$614 USD /SF

CAP RATE

6.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunset Promenade

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

Commercial

APN/PARCEL ID

03-3S-20-34000-022-0350

ASK ABOUT THIS PROPERTY

Kaylan KnitowskiFranklin StreetMore Info
954-312-1676

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Kaylan KnitowskiFranklin StreetMore Info
954-312-1676

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.