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733 Harbor Blvd, DESTIN, FL – $12,500

  • $12.5k Price
  • 9,776 Sqft
  • 2.24 Acres
  • 106 DOW
  • $12.5k Price
  • 9,776 Sqft
  • 2.24 Acres
  • 106 DOW

733 Harbor Blvd

Lessee requests confidentiality. This is the buy-out of a current on-going lease with 5 years left in the initial term + options with a right of first refusal in the lease for purchase. Lease is not negotiable and also requires 2.5% overage in addition to base rent. Lessor must approve the new tenant. Lessee has over $1,000,000 invested but is looking for $700,000 to vacate the building leaving all equipment except signage. Current use is a restaurant. This restaurant has 9,776 SF, 378 seats, & zoned Town Center Mixed Use (TCMU) which allows restaurant/bar, grocery, gasoline, department stores & other retail, office, seasonal & permanent multi-family, hotel/motel, fitness centers, & more. There are 135 parking spaces on 2.23 acres with 144' on Hwy 98. Traffic count is 49,500 daily.

Essential Information

  • MLS® #817941
  • Price$12,500
  • Days on Website106
  • Square Footage9,776
  • Acres2.24
  • Year Built1998
  • TypeCommercial Lease
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address733 Harbor Blvd
  • AreaDESTIN
  • CityDESTIN
  • CountyOKALOOSA
  • StateFL
  • Zip Code32541

Additional Information

  • ZoningTCMU

Listing Details

Office

Real Estate Professionals of NW Fla Inc

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Real Estate Professionals of NW Fla Inc.

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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 June 26th, 2019 at 3:00pm CDT.