Real Estate from Navarre to Panama City!
Stephanie & Pete Dickerson
850 259 3906850 259 3906

733 Harbor Boulevard, Destin, FL 32541 (MLS # 817941)

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PRICE $12,500
SIZE n/a
LOT SIZE 2.24 ac

Lessee requests confidentiality. This is the buy-out of a current on-going lease with 5 years left in the initial term + options with a right of first refusal in the lease for purchase. Lease is not negotiable and also requires 2.5% overage in addition to base rent. Lessor must approve the new tenant. Lessee has over $1,000,000 invested but is looking for $700,000 to vacate the building leaving all equipment except signage. Current use is a restaurant. This restaurant has 9,776 SF, 378 seats, & zoned Town Center Mixed Use (TCMU) which allows restaurant/bar, grocery, gasoline, department stores & other retail, office, seasonal & permanent multi-family, hotel/motel, fitness centers, & more. There are 135 parking spaces on 2.23 acres with 144' on Hwy 98. Traffic count is 49,500 daily.

DAYS ON MARKET 11 LAST UPDATED 3/13/2019
YEAR BUILT 1998 COMMUNITY Destin
COUNTY Okaloosa STATUS Active
PROPERTY TYPE(S) Commercial for Lease


ADDITIONAL DETAILS
LISTING CLASS Retail
RETAIL: PROPERTY TYPE Freestanding
SUB AREA 1403 - West Destin
VACANT No

ZESTIMATE
  733 Harbor Boulevard, Destin, FL

RENT ZESTIMATE
  733 Harbor Boulevard, Destin, FL

51 Somewhat Walkable



 
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