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HIGHLIGHTS
- Heavy daytime traffic
- Phenomenal ingress/egress
- Large commercial door
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,495 SF | 3-10 Years | $33.50 CAD/SF/YR $2.79 CAD/SF/MO $251,098 CAD/YR $20,925 CAD/MO | Triple Net (NNN) |
1st Floor
Exceptional freestanding retail building formerly occupied by Ethan Allen Home Design Studio, located along the most synergistic stretch of Highway 98 in Destin, Florida! Its expanse of nearly 7,500 square feet, beautifully finished throughout, together with its flex space, will accommodate a host of viable use scenarios. The storefront exhibits beautiful architectural detail through its arbored trellis façade. The logistics are exceptional, offering a service drive alongside the building, reaching a large commercial overhead door along the eastern building elevation, which is perfect for receiving from large trucks. The rear of the parcel also offers phenomenal ingress/egress, which also contains a large overhead door. The site contains ±16 car parking spaces.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- High visibility
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 7,495 SF | Gross Leasable Area | 8,566 SF |
| Property Type | Retail | Year Built | 1997 |
| Property Subtype | Freestanding | Parking Ratio | 1.78/1,000 SF |
| Total Space Available | 7,495 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 8,566 SF |
| Year Built | 1997 |
| Parking Ratio | 1.78/1,000 SF |
ABOUT THE PROPERTY
Exceptional freestanding retail building formerly occupied by Ethan Allen Home Design Studio, located along the most synergistic stretch of Highway 98 in Destin, Florida! Its expanse of nearly 7,500 square feet, beautifully finished throughout, together with its flex space, will accommodate a host of viable use scenarios. The storefront exhibits beautiful architectural detail through its arbored trellis façade. The logistics are exceptional, offering a service drive alongside the building, reaching a large commercial overhead door along the eastern building elevation, which is perfect for receiving from large trucks. The rear of the parcel also offers phenomenal ingress/egress, which also contains a large overhead door. The site contains ±16 car parking spaces.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Presented by
Ethan Allen | 36062 Emerald Coast Pky
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