For Sale
$1,995,000

10343 C126Panama City Beach, FL 32413

Profitable restaurant, Scenic 30A location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a thriving Starbucks restaurant located at 10343 E County Hwy 30A C126, Seacrest, FL 32413. Situated in the desirable Village of South Walton on Scenic 30A, this 1,200 square foot retail space boasts a prime location between Rosemary Beach and Alys Beach. Currently operating at 100% occupancy under a NNN lease with eight years remaining, this property offers significant long-term value. The asking price is $1,995,000, translating to $1,662.50 per square foot. Its strategic placement within the bustling town square ensures high visibility and foot traffic. The ongoing construction of a pedestrian underpass at the intersection of Highway 98 and Scenic 30A is projected to further enhance accessibility and patronage from the north side of Highway 98. This turnkey operation presents a compelling opportunity for investors seeking a stable, high-return asset, potentially suitable for a 1031 exchange. Further details are available upon request after signing a Non-Disclosure & Confidentiality Agreement. This property is a single-tenancy retail space within Walton County.

Highlights

  • $1,995,000 asking price for a 1,200 square foot Starbucks.
  • Located at 10343 E County Hwy 30A C126, Seacrest, FL 32413.
  • Retail property, Restaurant subtype, NNN lease.
  • 100% occupancy with 8 years remaining on the lease.
  • $1,662.50 price per square foot.

Property Details for 10343 C126

Property type
Retail properties, Restaurants
Square Feet
1,200 SF

Location Insight

City
Panama City Beach
County
Walton
State
Florida
Latitude
30.2097667
Longitude
-85.8556808
10343 C126, Panama City Beach, Florida

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10343 C126
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