6512 Caroline St | Milton, FL 32570
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6512 Caroline St
Milton, FL 32570
SouthState Bank · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Significantly below market rent of $6.84/SF – see page 8 for rent comparables
- 100% leased to SouthState Bank, a publicly traded company (NASDAQ: SSB) with a $6 billion market capitalization
- Positioned just east of the heavily trafficked signalized intersection of Caroline Street (HWY 90) and Dogwood Drive (61,000 VPD)
- $107+ million in deposits at this location
- Priced significantly below replacement cost ($114/SF)
- Florida is an income-tax free state
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
18,843 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
2 Stories
Building FAR
0.30
Lot Size
1.42 AC
Zoning
C2
Parking
23 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
163’ on Caroline St
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 04-1N-28-0000-11200-0000 | Improvements Assessment | $1,449,863 |
| Land Assessment | $501,595 | Total Assessment | $1,951,458 |
PROPERTY TAXES
Parcel Number
04-1N-28-0000-11200-0000
Land Assessment
$501,595
Improvements Assessment
$1,449,863
Total Assessment
$1,951,458
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