36070 Emerald Coast Pky - Freestanding FOR SALE


Destin, FL 32541
$4,114,286 USD
646-709-5537
36070 Emerald Coast Pky, Destin, FL for Sale
$4,114,286 USD
Freestanding - FOR SALE
1/3
null | 7% Cap Rate

36070 Emerald Coast Pky
Destin, FL 32541


HIGHLIGHTS

  • Prime Location Along US-98 / Traffic 64,000 vehicles per day
  • Affiliated with Carpet One's 1,000+ Store Network• Recently Expanded into Kitchen Cabinetry
  • 100% Leased providing longterm in-place cash flow
  • Within 1 Miles of Destin Commons & Major Retailers

OVERVIEW

Presenting an exceptional single-tenant retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, a well-established flooring and kitchen & bath retailer serving Florida's Emerald Coast since 1999. Recently celebrating its 25th anniversary, the company benefits from the purchasing power and brand recognition, one of North America's largest flooring cooperatives. The investment provides stable in-place cash flow and is supported by continued market growth, tourism, demand, and ongoing residential and commercial development throughout the Destin market.

FOR SALE DETAILS

PRICE

$4,114,286 USD

PRICE/SF

$400 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carpet One

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

CG

APN/PARCEL ID

00-2S-22-2380-0000-0090

ASK ABOUT THIS PROPERTY

Lielle SosaLevy Realty Advisors, LLCMore Info
646-709-5537

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Lielle SosaLevy Realty Advisors, LLCMore Info
646-709-5537

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