ATTENTION INVESTORS! Accommodate your 1031 Tax Deferred Exchange requirement by investing in a freestanding, retail building located in Destin, Florida, occupied by Sherwin Williams Paints! This corporate-guaranteed, net lease involves a (10)-year initial term with approximately (5)-years remaining and contains four (5)-year renewal options. Its premier site enjoys a hard corner and signalized intersection, located along Highway 98, which currently carries 40,000+ vehicles per day. Lord & Son was the exceptional contractor, completing the development and building construction in March of 2014. Please inquire for further details. Seller is a Licensed Real Estate Broker in the State of Florida, as well as a Licensed Salesperson in the States of California and Georgia.
|Price Increased from $1,675,000 to $1,695,000|
|Price Reduced from $1,695,000 to $1,675,000|
|Price Reduced from $1,750,000 to $1,695,000|
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Somers & Company.
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.
Listing information last updated on July 16th, 2019 at 12:45am CDT.