3582 Us-98 Santa Rosa Beach, FL 32459
High-growth QSR, long-term lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Fee-simple ownership of a newly constructed (2023) Del Taco restaurant in Santa Rosa Beach, Florida.
- Prime US-98 location with 40,000+ ADT.
- 2,304 SF building on a 1.11-acre lot with 24 parking spaces.
- 20-year absolute NNN lease with four 5-year renewal options, commencing June 1, 2023.
- $3,254,545 asking price, representing a 5.50% cap rate.
Property Details for 3582 Us-98
- Property type
- Retail properties
- Square Feet
- 2,304 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 48,352 SF
- Units
- 1
Location Insight
- City
- Santa Rosa Beach
- County
- Walton
- State
- Florida
- Latitude
- 30.374308730013
- Longitude
- -86.238256204833
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-growth QSR, long-term lease.
- Where is the retail property located?
- The property is located at 3582 Us-98 Santa Rosa Beach, FL.
- What is the asking price?
- The asking price for this property is $3,254,545.
- What are key features of this property?
- This property features: Fee-simple ownership of a newly constructed (2023) Del Taco restaurant in Santa Rosa Beach, Florida.; Prime US-98 location with 40,000+ ADT.; 2,304 SF building on a 1.11-acre lot with 24 parking spaces.
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