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Search Results -> 36468 Emerald Coast Parkway, Destin

36468 Emerald Coast Parkway, Destin 32541 (Active)

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Listing Information

Property Type: Commercial Sale
MLS #: 808844 Price: $3,800,000.00 Year Built: 1997
Square Feet: 33400 Bedrooms: Not available Bathrooms: Not available
HOA Fees: Not available Lot Size: 4.5 acres Lot Dimensions: Not available

Subdivision: Not available

Description:

Prime Destin location.Situated on 4.5 acres with 300` on Emerald Coast Parkway. Old South Centre is comprised of 8 one and two-story buildings with 19 offices ranging from 1,000-5,508 square feet. Beautifully designed and easily accessible, this collection of CLASS A office space attracts high quality tenants and commands the highest rents. Currently, Old South Centre is leased, providing stable income with limited near-term rollover risk. The community perfectly combines great visibility with parking and convenience. Situated in Okaloosa County near the Walton County line, Old South Centre is strategically placed on Highway 98 within minutes of the area`s most sought-after resources and attractions.

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Features

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Commercial Features

  
Income-Producing Year Built: 1997 Income-Producing Building Square Footage: 33400
Income-Producing Price/Square Foot: 114 Income-Producing Annual Gross Income: 496444 Income-Producing Expenses: 182422
Income-Producing Net Operating Income: 314025 Income-Producing Cash Flow: 314025 Income-Producing Cap Rate: 8
Income-Producing Property Type: Office

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This listing provided courtesy of Nbi Properties Inc.
This information was last updated on 10/15/2018 12:37:12 AM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2018. All rights reserved.


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