Active
9539 W US-98 Highway
Miramar Beach FL, 32550
$2,650,000
$357.87 per sqft
Active
7,405 sqft
Commercial
Built in 1986
Prime commercial property located on the highly sought-after south side of Highway 98, strategically positioned between Silver Sands Outlet Mall and Sandestin Resort. This meticulously maintained, free-standing building spans 7,680 sq. ft., with a new TPO roof scheduled for installation within the next eight weeks. The property is being sold occupied, as the owner is conducting a sale-leaseback. The lease is a gross lease, and the current owner is self-insured, opting not to carry wind coverage. The tenant will occupy the property for two years, with lease details available upon request. The expected return on investment is between 6.5% and 7% varies depending if you self insure. Building constructed out of solid concrete block and flat TPO roof. Property features 16 dedicated parking. Expansive windows on both levels create a bright and inviting environment, ideal for a retail store, office space, or general commercial operation. The building offers exceptional flexibility, allowing for easy division into separate units to accommodate various business needs.
767398
MLSⓇ ID
January 17, 2025
Listed
January 17, 2025
Updated
Map
9539 W US-98 Highway
Miramar Beach FL, 32550
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.17 Acres
Other Property Details
Area Name
12 - Walton County
Days on Market
7
Garage
No
View
No
County
Walton
Pool
No
Courtesy of Counts Real Estate Group Inc, Carl E Allen,
Listing Contact: (850) 960-8808
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