726 Us Highway 331 S | Defuniak Springs, FL 32435
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726 Us Highway 331 S
Defuniak Springs, FL 32435
Aaron's | Repositioning Opportunity · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Value Add Opportunity in one of Northwest Florida’s Fastest Growing Communities
- Priced Below Replacement Cost at $96.52 PSF
- Ability to Increase Rents to Market ($15 - $20 NNN) through Restructuring Aaron’s Lease or Re-tenanting
- 10,350 Building with Loading Dock on 0.83 Acre Parcel
- Below Market Rent of $5.25 PSF Modified Gross Lease with No Options
- 120 Square Feet of Frontage on US 331, Major North to South Highway Connecting DeFuniak Springs to Freeport & Santa Rosa Beach
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,350 SF
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.83 AC
Zoning
3310 - Commercial
Parking
30 Spaces (2.9 Spaces per 1,000 SF Leased)
Frontage
103’ on U.S. 331
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 34-3N-19-19000-027-0000 | Improvements Assessment | $386,075 |
| Land Assessment | $143,736 | Total Assessment | $529,811 |
PROPERTY TAXES
Parcel Number
34-3N-19-19000-027-0000
Land Assessment
$143,736
Improvements Assessment
$386,075
Total Assessment
$529,811
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