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350 Mary Esther Blvd
Mary Esther, FL 32569
Retail Property For Sale
Investment Highlights
- 2008 Build to Suit for Panera Bread | Outparcel to Santa Rosa Mall With Drive-Thru and Outdoor Seating | 4,662-SF Building on a +/-0.53 Acre Parcel
- Corporately Guaranteed Lease | Property Features a Drive Thru With Separate Exit, Outdoor Patio Seating and a Large Parking Lot With 20 Total Spaces
- High Visibility Along Mary Esther Blvd on a Hard, Signalized Corner With a Dedicated Turn Lane and Access From Both Traffic Directions | 24,500+ VPD
- 3+ Years Remaining on an Absolute Net Ground Lease | No Landlord Responsibilities | 10% Rental Increases in Each of Three, 5-Year Renewal Options
- Two Points of Ingress and Egress | Outparcel to Santa Rosa Mall in a Dense Retail, Office and Residential Corridor | Mall is Undergoing Development
- Proximity to Multiple National Tenants Including Starbucks, Target, McDonald’s, Planet Fitness, Subway, Smoothie King, Piggly Wiggly, & More
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,662 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.53 AC
Parking
20 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
168’ on Mary Esther Blvd
Amenities
- Drive Thru
- Wheelchair Accessible
Property Taxes
| Parcel Number | 16-2S-24-0000-0001-001U | Improvements Assessment | $568,003 |
| Land Assessment | $595,716 | Total Assessment | $1,163,719 |
Property Taxes
Parcel Number
16-2S-24-0000-0001-001U
Land Assessment
$595,716
Improvements Assessment
$568,003
Total Assessment
$1,163,719
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