Listing ID931982
Property TypeCommercial Sale
$429,000.00+ NET OPERATING INCOME & NNN Leases!! Spectacular residual value involving this opportunity to acquire (5) contiguous commercial spaces at the enormously successful venue of The Village of South Walton in Santa Rosa Beach, Florida, located between the trophy addresses among Alys Beach and Rosemary Beach. The restaurant tenant, Lola's Italian Cuisine, occupies spaces C127, C128, and C129, and involves a lease term that matures on March 31, 2030. The extensive buildout is impressive and illustrated on the floorplan, which is uploaded to this listing; (83) interior seats and (32) exterior seats. The adjacent spaces, C126 is occupied by Starbucks Coffee, and C125 is occupied by Creative Crepes. The patronage of this town square is unequalled by any... venue along the renowned Scenic 30A corridor. The new underground pedestrian tunnel from the North to South side of Highway 98 will also supplement the phenomenal volume of patrons enjoying the beach villages located on the East end of Scenic 30A. Please inquire for further details.
© 2023 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but is not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Saturday, September 23rd, 2023 02:49:16 AM. Listing courtesy of Somers & Company.
#IDX-primaryPhoto,#idx-details-headerListed by: Somers & Company (850) 654-7777

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Chris Wooten

631 Cornwall Terrace
Mary Esther, FL 32569
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