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98 Central Santa Rosa Beach 2 Retail Properties Offered at $9,855,288 CAD in Santa Rosa Beach, FL
Investment Highlights
- Brand-new retail center in a high-barrier-to-entry coastal market along Florida’s Emerald Coast.
- Located in Santa Rosa Beach, a rapidly growing market with affluent demographics and strong tourism demand.
- Prime visibility on US Highway-98 with approximately 37,000 vehicles per day.
- Fully leased to a curated mix of service, fitness, and lifestyle tenants with long-term NNN leases.
- Surrounded by luxury residential communities and the Scenic Highway 30A corridor.
Executive Summary
98 Central is a newly constructed retail center in Santa Rosa Beach, Florida, fully leased to a strong mix of service, fitness, and lifestyle tenants on long-term NNN leases. Positioned along US Highway-98 with excellent visibility and high traffic counts, the property benefits from affluent demographics and steady tourism-driven demand. With 3% annual rent escalations and a 6.51% cap rate, this asset offers investors stable income and long-term growth potential.
Property Facts
| Price | $9,855,288 CAD | Number of Properties | 2 |
| Price / SF | $821.27 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.51% | Total Building Size | 12,000 SF |
| Sale Type | Investment | Total Land Area | 2.92 AC |
| Status | Active |
| Price | $9,855,288 CAD |
| Price / SF | $821.27 CAD / SF |
| Cap Rate | 6.51% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,000 SF |
| Total Land Area | 2.92 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg B
US Hwy 98 W, Santa Rosa Beach, FL 32459 |
Retail | 6,000 SF | 2024 | - |
| US Hwy 98 W - Bldg A, Santa Rosa Beach, FL 32459 | Retail | 6,000 SF | 2024 | - |
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98 Central Santa Rosa Beach
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