1460 US-98, Mary Esther, FL 32569

Commercial property for lease

  • Description
  • Incredible investment opportunity at 8% CAP rate! The property is the showroom/warehouse facility of Sunrise Marine boat dealership. It is under a long-term NNN lease with a national company that owns and operates top marine dealerships across North America (it acquired Sunrise Marine in 2016). Two parcels are included in sale totaling 3.7 acres with approximately 535 ft of Hwy 98 frontage. The showroom, office, and warehouse building is 9245 sqft. There is also an income producing billboard on the property. Total NOI is $216,000. The property was appraised for $2.7 million in June, 2016. Building price details: $2,700,000.
  • Contact info
  • Oxana Solovieva
    OxanaSol Real Estate
  • Note
  • Details Info about this row that located on 1460 US-98, Mary Esther, FL 32569 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Property Type: Commercial (Other)
    Status: Available
    Lot Size: 3.700 Acres
    Submarket: Vehicle Related, Other
    MSA: Crestview-Fort Walton Beach-Destin
    Zoning: C-3 GENERAL COMMERCIAL
    Buildings: 1
    Tenancy: Single Tenant
    Terms: Cash to Seller, Sale/Leaseback, Other
    Added: 11/19/2017

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