Property Type:
Commercial for Sale
Lot Size (sq. ft.):
84,071
Status:
Sold
Current Price:
$8,300,000
List Date:
8/23/2018
Last Modified:
10/12/2024
Description
This Listing/Sale entered for Comp purpose only.
Village Shoppes (the ''Property''), a 28,834 square foot 9-tenant retail strip center located in Destin (Miramar Beach), Florida, the most visited city on the Emerald Coast. Anchored by The Melting Pot Restaurant, Village Shoppes is almost 100% leased to a diverse, well-established, and service oriented tenant mix. Built in 2007, the Property is situated on a 1.93 acre site. The property was re-developed in 2017 after the center's former furniture store anchor tenant relocated to its brand new build-to-suit location down the road. The premier location and highly sought after space was released with minimal downtime and is primed for growth with new leases from some of the area's top tenants. Excellent rent rolls.
Listing Office: Sand Dunes Real Estate LLC
Last Updated: October - 12 - 2024
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