About 36070 Emerald Coast Parkway
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.
Features of 36070 Emerald Coast Parkway
| MLS® # | B26044362 |
|---|---|
| Price | $4,114,286 |
| Acres | 0.57 |
| Year Built | 2003 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 36070 Emerald Coast Parkway |
|---|---|
| Area | 5940 - Other Florida County |
| City | Destin |
| County | Okaloosa |
| State | FL |
Amenities
| Utilities | Electricity Connected, Water Connected |
|---|---|
| Parking | Accessible Parking |
Interior
| Heating | Central, Central Building |
|---|---|
| Cooling | Central Air, Central Building |
| # of Stories | 2 |
Exterior
| Roof | Concrete |
|---|---|
| Construction | Concrete Block - With Stucco |
Additional Information
| Zoning | CG |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | Yes |
Listing Details
| Office | Levy Realty Advisors LLC |
|---|