227 Dune Lakes Blvd - Commercial LAND FOR SALE


Santa Rosa Beach, FL 32459 57,064 SF
$2,650,000 USD
813-434-8278
227 Dune Lakes Blvd, Santa Rosa Beach, FL for Sale
$2,650,000 USD
Commercial LAND - FOR SALE
1/7
57,064 SF

227 Dune Lakes Blvd
Santa Rosa Beach, FL 32459


HIGHLIGHTS

  • 8+ Years Remaining | Options To Extend | Scheduled Increases
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities | No State Income Tax
  • Strong National/Credit Tenant Presence | Walmart Supercenter - 78,200+ SF, Grand Boulevard @ Sandestin - 775,000 SF Mixed-Use, Bay Town Wharf, Publix
  • Signalized, Hard Corner Intersection | Excellent Visibility | New Development
  • Direct, Affluent Consumer Base | Strong Demographics | Population Growth

OVERVIEW

• The tenant has 8+ years remaining with 3 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% increases every 5-years throughout the initial term and at the beginning of each option period • First Watch (NASDAQ: FWRG) is a rapidly expanding restaurant chain with over 620 locations across 32 states • First Watch was named “#1 Best Breakfast” by Newsweek Readers’ Choice (Article) • This First Watch location has 1,000+ positive Google Reviews and an average rating of 4.5/5 stars • First Watch opened a record 64 new restaurants across 23 states and posted same restaurant sales growth of 3.6% YoY in 2025

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/ACRE

$2,022,887/AC

PRICE/SF

$46 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

First Watch - Santa Rosa Beach FL

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

1.31 AC

LAND SF

57,064 SF

OFFSITE IMPROVEMENTS

-

ZONING

GC

APN/PARCEL ID

30-2S-20-33230-000-001A

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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