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10343 E County Highway 30A

1,200 SF Retail Unit Offered at £1,562,683 in Seacrest, FL 32413

Investment Highlights

  • Heavy day & nighttime traffic
  • Starbucks!
  • Located in The Village of South Walton

Executive Summary

The Village of South Walton is an enormously successful venue along Scenic 30A, located between Rosemary Beach and Alys Beach.

Property Facts

Price £1,562,683
Unit Size 1,200 SF
No. Units 1
Total Building Size 6,250 SF
Property Type Retail (Unit)
Property Subtype Storefront Retail/Office
Sale Type Investment NNN
Building Class B
Number of Floors 1
Typical Floor Size 6,250 SF
Year Built 2004

1 Unit Available

Unit C126

Unit Size 1,200 SF
Price £1,562,683
Price Per SF £1,302.24
Unit Use Retail
Sale Type Investment
APN/Parcel ID 35-3S-18-16202-000-C126
Description

This PRIME COMMERCIAL RETAIL storefront is located on SCENIC 30A in South Walton County of the Emerald Coast of Florida, and oriented in the town square known as The Village of South Walton. It measures approximately 1,200 SF and should offer exceptional long-term residual value, perhaps to support your time-sensitive 1031 Tax Deferred Exchange! Positioned along the most coveted East end of Scenic 30A and strategically oriented in the charming, bustling town square of The Village of South Walton, which is synergistically located between Rosemary Beach and Alys Beach. Additionally, the pedestrian underpass at the intersection of Hwy 98 and Scenic 30A (currently under construction) will allow more filtration of retail patrons originating from the North side of Highway 98. Please inquire for further information following the execution of a Non-Disclosure & Confidentiality Agreement.

Sale Notes

Please call or text John Paul Somers (850) 259-9732 or Rachael Earley (850) 225-6478, to coordinate showings. Please do not access the space to show unannounced or approach any employees. This subject listing does not include the operating business, its related licensing, or intellectual property; rather, only the real property, Village of South Walton, C126. Some FF&E (Furniture, Fixtures & Equipment) exclusions may apply. The existing 10-year lease term expires May 31, 2032, with the Tenant's sole right to exercise one (10)-year renewal term. The current total monthly rent is $9,118.00, which includes NNN fees and state sale tax (reimbursable recoveries payable to Landlord). Base rent payments shall escalate at a rate of 4% annually.

Amenities

  • Restaurant

Nearby Major Retailers

Regions Bank
Starbucks
freshii
United Community Bank

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 32078441

  • Date on Market: 10/06/2024

  • Last Updated:

  • Address: 10343 E County Highway 30A, Seacrest, FL 32413

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