36070 Emerald Coast Parkway, FL 32541

About This Property

PERFECT FOR 1031 BUYER! Exceptional Single-Tenant Retail investment leased to Coastal Carpet & Tile Carpet One Floor & Home, a TOP RANKING flooring and kitchen Retailer serving Destin since 1999. The Company sales is $3M+ per year. The investment provides stable in-place cash flow in a growing market. Located right on US-98 with incredible visibility the building is less then a mile from Publix, Walmart, and other national Retailers. Built in 2003, and roof was resealed in 2024. Absolute NNN Tenant, $288,000 annual income in-place today, offered at a 7% cap rate = $4.1M. Seller reviewing all offers and motivated.

Property Details

Property Type

Retail

Status

Active

MLS #

B26044362

Building Area

10,274 SF

Lot Size

24,970 SF

Year Built

2003

Zoning

CG

Units

1

Net Operating Income

$288,000

Days on Market

58

Price

$3,900,000