About 9539 W Us-98 Highway
Prime commercial property located on the highly sought-after south side of Highway 98, strategically positioned between Silver Sands Outlet Mall and Sandestin Resort. This meticulously maintained, free-standing building spans 7,680 sq. ft., with a new TPO roof scheduled for installation within the next eight weeks. The property is being sold occupied, as the owner is conducting a sale-leaseback. The lease is a gross lease, and the current owner is self-insured, opting not to carry wind coverage. The tenant will occupy the property for two years, with lease details available upon request. The expected return on investment is between 6.5% and 7% varies depending if you self insure. Building constructed out of solid concrete block and flat TPO roof. Property features 16 dedicated parking.Expansive windows on both levels create a bright and inviting environment, ideal for a retail store, office space, or general commercial operation. The building offers exceptional flexibility, allowing for easy division into separate units to accommodate various business needs.
Features of 9539 W Us-98 Highway
| MLS® # | 966141 |
|---|---|
| Price | $2,625,000 |
| Square Footage | 7,405 |
| Acres | 0.17 |
| Type | Commercial for Sale |
| Status | Active |
Community Information
| Address | 9539 W Us-98 Highway |
|---|---|
| Area | Miramar/Sandestin Resort |
| City | Miramar Beach |
| County | Walton |
| State | FL |
| Zip Code | 32550 |
Amenities
| Is Waterfront | No |
|---|
Exterior
| Lot Description | 60 x 120 |
|---|
Additional Information
| Zoning | Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Counts Real Estate Group Inc |
|---|