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Search Results -> 3000 Us-98, Santa Rosa Beach

3000 Us-98, Santa Rosa Beach 32459 (Active)

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Listing Information

Property Type: Commercial Sale
MLS #: 836652 Price: $2,150,000.00 Year Built: 2016
Square Feet: 2474 Bedrooms: Not available Bathrooms: Not available
HOA Fees: Not available Lot Size: 0.66 acres Lot Dimensions: Not available

Subdivision: Not available


Great investor opportunity for this absolute NNN single tenant property with lease until 2038! Free standing Hardee`s Restaurant with rent increase in 2021 and then every five years after that. Four 5-year renewal option periods with rent increases at end of lease. This is the only fast food restaurant operation in Santa Rosa Beach and has an ideal location directly on US Hwy 98. Visibility is excellent and traffic counts are 36,500/day. Walton County Florida has experienced a 4.5% population growth annually and is the fastest growing county based on GDP in the entire state of Florida with a county wide GDP of $2.5 Billion. Easy access to communities along 30A in south Walton County



Not available

Commercial Features

Income-Producing Year Built: 2016 Income-Producing Building Square Footage: 2474
Income-Producing Net Operating Income: 89880 Income-Producing Cap Rate: 4
Income-Producing Property Type: RestaurantRetail Year Built: 2016 Retail Unit Square Footage: 2474 Retail Building Square Footage: 2474
Retail Net Operating Income: 89880 Retail Cap Rate: 4
Retail Number of Units: 1

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This listing provided courtesy of Keller Williams Realty SRB.
This information was last updated on 4/3/2020 10:19:04 PM.

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 2020. All rights reserved.

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