Thomas E. Williams II
(850) 258-8670
[email protected]
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Emerald Coast Living

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$2,150,000 - - Santa Rosa Beach


Listing Information

  • Listing
    12/11/2019
  • On Market
    288 days
  • MLS
    836652
  • Area
    North Santa Rosa Beach
  • City
    Santa Rosa Beach
  • Subdivision
    N/A
  • Type
    Commercial Sales
  • Year Built
    N/A
  • Sq.Ft.
    N/A
  • Beds
    N/A
  • Full Baths
    N/A
  • Half Baths
    N/A
  • Acreage
    Commercial Sales
  • Waterfront
    No
  • Waterview
    No


Overview:

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



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Email Us Below or Give Us a Call: (850) 258-8670



Comments


Listing data provided by: Emerald Coast Association of REALTORS®, Inc. This database was last updated on 2020-09-25. This property is listed by Keller Williams Realty SRB.