11394 W Us Highway 98, Miramar Beach

$8,300,000

0 Beds
0 Baths
84,071 Sqft
1.93 Acres
0 Garages

This Listing/Sale entered for Comp purpose only. Village Shoppes (the ''Property''), a 28,834 square foot 9-tenant retail strip center located in Destin (Miramar Beach), Florida, the most visited city on the Emerald Coast. Anchored by The Melting Pot Restaurant, Village Shoppes is almost 100% leased to a diverse, well-established, and service oriented tenant mix. Built in 2007, the Property is situated on a 1.93 acre site. The property was re-developed in 2017 after the center's former furniture store anchor tenant relocated to its brand new build-to-suit location down the road. The premier location and highly sought after space was released with minimal downtime and is primed for growth with new leases from some of the area's top tenants. Excellent rent rolls.

Essential Information
MLS® #805889
Price$8,300,000
Sold Price$7,965,000
Date Sold$2018-08-23
Square Footage84,071
Acres1.93
TypeCommercial Sales
StatusSold
Community Information
Address11394 W Us Highway 98
Area15 - Miramar/Sandestin Resort
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Additional Information
Days on Website332
Zoning001600
Listing Details
OfficeSand Dunes Real Estate LLC
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on July 21st, 2019 at 10:18am CDT.

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