350 Mary Esther Blvd - Freestanding FOR SALE
Mary Esther, FL 32569 |
$2,700,000 USD
513-325-8682
350 Mary Esther Blvd
Mary Esther, FL 32569
HIGHLIGHTS
- 2008 Build to Suit for Panera Bread | Outparcel to Santa Rosa Mall With Drive-Thru and Outdoor Seating | 4,662-SF Building on a +/-0.53 Acre Parcel
- 3+ Years Remaining on an Absolute Net Ground Lease | No Landlord Responsibilities | 10% Rental Increases in Each of Three, 5-Year Renewal Options
- Corporately Guaranteed Lease | Property Features a Drive Thru With Separate Exit, Outdoor Patio Seating and a Large Parking Lot With 20 Total Spaces
- Two Points of Ingress and Egress | Outparcel to Santa Rosa Mall in a Dense Retail, Office and Residential Corridor | Mall is Undergoing Development
- High Visibility Along Mary Esther Blvd on a Hard, Signalized Corner With a Dedicated Turn Lane and Access From Both Traffic Directions | 24,500+ VPD
- Proximity to Multiple National Tenants Including Starbucks, Target, McDonald’s, Planet Fitness, Subway, Smoothie King, Piggly Wiggly, & More
FOR SALE DETAILS
PRICE
$2,700,000 USD
PRICE/SF
$579 USD /SF
CAP RATE
6.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Panera Bread
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.53 AC
LAND SF
23,087 SF
ZONING
-
APN/PARCEL ID
16-2S-24-0000-0001-001U
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
513-325-8682
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
513-325-8682
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
