2080 W Highway 98, Mary Esther, FL 32569 (MLS# 712091)

Contract Info

Listing Board: Emerald Coast List Date: 2014-08-13 List Price: $1,036,500

Location, Tax and Legal

Sub Area: 1212 - Mary Esther/West of Hurlburt Property Name: Dollar General Strip Center Legal Description: COM AT INTERSEC OF N R/W HWY98,AND CTRLINE OF FRANCIS ST IN,TIMBERLAKE EST 1ST ADD S 87,DEG W ALG HWY 98 821.81 FT TO,POB S 87 DEG W 224 FT TO E R/W,OF E TIMBERLAKE DR N 2 DEG W,194 FT N 87 DEG E 125 FT N 2,DEG W 6 FT N 87 DEG E 99 FT,S 2 DEG E 200 FT TO POB

General Property Info

Listed on GCCMLS: No Description: Gulf Coast Franchise Dev Inc Vacant: No Lot SqFt: 44800 Immediate Occupancy: No Lot Depth: 200 Zoning: C-3 Lot Frontage: 224 Acreage: 1.01

Listing Info, Tax & Legal

As Is: No

Remarks & Misc

Remarks: Completely rented retail strip center with long term leases. Anchor tenant (Dollar General) recently completed interior remodel, committing to location. Turning lanes both directions to access building. Note: Listing Agent has ownership of the property.

Class

Retail: 1

Construction Status

Existing: 1

Retail

Property Type: Strip Center Year Built: 2004 Building SqFt: 13500 Vacancy Rate: 0 Scheduled Income: 103057 Actual Gross Income: 103057 Expenses: 17179 Net Operating Income: 85878 Cap Rate: 8.3 # of Units: 2

None

Current Price: $950,000

Status Change Info

Status: Sold Under Contract Date: 2018-03-22 Sold Date: 2018-08-03 Sold Price: $950,000

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 2080 Street Direction: W Street Name: Highway 98 State: FL Zip Code: 32569 County: Okaloosa Parcel ID: 15-2S-25-0000-0120-0060

Property Features

Class: Retail Construction Status: Existing