3475 Gulf Breeze Parkway, Gulf Breeze, FL
Shopping Center for Sale - $2,199,999 - 19,500 Sq. Ft. on 49299.44 acres
Property Info
CIMLS# | 769550 |
Location 3475 Gulf Breeze Parkway Gulf Breeze FL 32563 | |
Updated | May 8th, 2015 |
Type | Shopping Center |
Price | $2,199,999 |
Building | 19,500 Sq. Ft. |
Land | 49299.44 acres |
Property Description
Multi-tenant strip center on busy Highway 98 in Gulf Breeze. Well maintained, excellent parking, with established businesses under lease. Traffic count is approximately 39,000 daily and fully leased. Current leases are not triple net, so there is potential upside upon conversion at renewals. Seller is motivated and wants to sell quickly for a 1031 exchange. Please do not visit property without an appointment. Tenants are unaware of the sale.
Location Description:
Located on busy Highway 98 with great visibility.
Highlights:
>> Multi-tenant, well established strip center
>> Potential for increased NOI with conversion to triple net leases
>> Great location on busy highway
>> Motivated seller
>> Fully leased
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Financials
Sales Info:
>> Commision split: 1.5%