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5241 Gulf Breeze Parkway, Gulf Breeze 32563 (Active)

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Listing Information

Property Type: Commercial Sale
MLS #: 964432 Price: $2,400,000.00 Year Built: 1976
Square Feet: 12048 Bedrooms: Not available Bathrooms: Not available
HOA Fees: Not available Lot Size: 1.97 acres Lot Dimensions: 200 x 425

Subdivision: Not available

Description:

5241 Gulf Breeze Pkwy offers an exceptional value-add opportunity for investors. The property is currently owner-operated with short-term leases in place, providing the potential for a new owner to adjust lease rates to align with the highly competitive Gulf Breeze market, where NNN lease rates typically range from $17 to $29 per square foot.Additionally, there is potential for assemblage with the adjacent 0.98-acre HCD-zoned parcel, which, while not currently listed for sale, adds further strategic possibilities for future development.This property is an excellent acquisition for a savvy investor, priced at just $199.20 per square foot in one of the most sought-after markets

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Features

Not available

Commercial Features

  
Income-Producing Year Built: 1976 Income-Producing Property Type: RetailRetail Building Square Footage: 12048
Retail Number of Units: 5

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This listing provided courtesy of NAI Pensacola.
This information was last updated on 12/21/2024 1:03:54 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 2024. All rights reserved.


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