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Cape & Coast Premier Properties 425 US Highway 98 21,668 SF 100% Leased Retail Building Apalachicola, FL 32320 $3,383,691 CAD ($156.16 CAD/SF) 7.25% Cap Rate

Retail Buildings Florida Apalachicola 425 US Highway 98, Apalachicola, FL 32320

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INVESTMENT HIGHLIGHTS

  • Long-Term Absolute Triple (NNN) Lease
  • Strong Corporate Growth
  • Corporate Guarantee from StayTerra Vacations, LLC
  • Significant AUM

EXECUTIVE SUMMARY

Surmount is pleased to present the exclusive listing for a Cape & Coast Premier Properties located at 425 US-98, Apalachicola, FL 32320. The site consists of roughly 21,668 rentable square feet of building space on an estimated 2-acre parcel of land. This Cape & Coast Premier Properties is subject to a 20-year Triple Net (NNN) lease, which commenced 8/20/2025. The current annual rent is $175,739 and has scheduled increases of 3% annually starting year 7.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
21,668 SF
Building Class
C
Year Built
1983
Price
$3,383,691 CAD
Price Per SF
$156.16 CAD
Cap Rate
7.25%
NOI
$245,318 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
2.00 AC
Zoning
CG - zoning district that accommodates general commercial development, often with a significant emphasis on auto-oriented environments
Frontage
405’ on 26th

AMENITIES

  • Pylon Sign
1 1

PROPERTY TAXES

Parcel Number 11-09S-08W-0000-0390-0000 Improvements Assessment $779,399 CAD
Land Assessment $257,547 CAD Total Assessment $1,036,947 CAD

PROPERTY TAXES

Parcel Number
11-09S-08W-0000-0390-0000
Land Assessment
$257,547 CAD
Improvements Assessment
$779,399 CAD
Total Assessment
$1,036,947 CAD
(332) 345-4222

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Glen Kunofsky
    Glen Kunofsky
  • Alexandre Marietto
    Alexandre Marietto
  • Francis Purritano
    Francis Purritano
  • Gordon Pollock
    Gordon Pollock
  • Christopher Marks
    Christopher Marks

  • Listing ID: 37725046

  • Date on Market: 2025-09-18

  • Last Updated:

  • Address: 425 US Highway 98, Apalachicola, FL 32320

The Retail Property at 425 US Highway 98, Apalachicola, FL 32320 is currently available for Sale. Contact Surmount for more information.

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Cape & Coast Premier Properties | 425 US Highway 98
(332) 345-4222 x

Cape & Coast Premier Properties | 425 US Highway 98

Glen Kunofsky
(332) 345-4222

Alexandre Marietto
(332) 345-4185

Francis Purritano
(201) 661-1238

Gordon Pollock
(332) 345-7294

Christopher Marks
(332) 345-7284

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