10410 US Hwy 98 W | Destin, FL 32550
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10410 US Hwy 98 W
Destin, FL 32550
Starbucks - Destin, FL · Retail Property For Sale
Investment Highlights
- Starbucks has been operating at this location since 2007 and executed a lease extension in 2017
- The Property is situated at the corner of the fully signalized intersection of Emerald Coast Pkwy W (US Highway 98) and Scenic Gulf Dr (52,000 VPD)
- Miramar Beach is less than a mile from the premises and was named a Top 11 Small-Town Destination in Florida (FloridaRentals.com)
- Starbucks boasts an investment grade credit rating of BBB+ (S&P) and has remained operational during this COVID-19 pandemic
- The Property is an outparcel to the Silver Sands Premium Outlets – the premier shopping destination along Northwest Florida’s Emerald Coast
- the population located within a 3-mile radius of the Property has increased more than 120% from 2000 to 2010 and nearly 38% from 2010 to 2020
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,960 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.53 AC
Zoning
HWY 98
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
65’ on Emerald Coast Pky
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 28-2S-21-42000-007-0020 | Improvements Assessment | $1,270,757 |
| Land Assessment | $509,828 | Total Assessment | $1,780,585 |
Property Taxes
Parcel Number
28-2S-21-42000-007-0020
Land Assessment
$509,828
Improvements Assessment
$1,270,757
Total Assessment
$1,780,585
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