Catylist ID:
#30825145
| Catylist Listing ID: | 30825145 |
| Property Subtypes: | Executive Suites, Mixed Use, Office Building, Research & Development |
| Building Size (RSF): | 18,000 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.20 Acres |
| Sale Price: | $8,500,000 |
| Unit Price: | $472.22 PSF |
| Property Use Type: | Investment |
| Class of Space: | Class A |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 8/17/2024 |
Overview / Comments
|
CBRE is pleased to offer the opportunity to acquire one of South Walton County, Florida’s premier Class A office buildings. The Dune Lakes Office Suites building is one of the few Class A office properties in the area offering new, modern, and professional office space to the residents of South Walton County. Dune Lakes Office Building is 100% leased providing a stable return on investment for the right buyer. + 18,000 SF total + Approximately 9,200 SF of executive suites space + Mix of executive suites and long-term NNN tenants + Stable credit tenants include Capital City Home Loans (a division of Capital City Bank Group), Well Health Chiropractor, and Regal Stevens Construction + Secure, electronic access control offers 24-hour access to tenant + Low rate assumable debt makes this opportunity ideal for 1031 buyer + Class A amenities include an elevator, conference room with cutting-edge video conference capabilities, high-speed internet, and a full-service kitchen + Conveniently located just minutes from the famous Scenic Highway 30A in Walton County, among the fastest growing county in Florida + New development in the area and the new Scenic Hwy 30A connector road will make this intersection the new commercial epicenter of South Walton County |
Attachments & Media
Additional Details
| Nearest MSA: | Crestview-Fort Walton Beach-Destin |
| County: | Walton |
| Tax ID/APN: | 05-3S-18-16000-001-0060 |
| Zoning: | GENERAL COMMERCIAL |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Year Built: | 2020 |
| Parking Type: | Surface |
| Total Parking Spaces: | 72 |
| Interior Description: | The Dune Lake Office Suites offers a beautiful first-generation space customized with warm colors that give a modern coastal feel and is outfitted with high-quality amenities like conference rooms, full service kitchens, shared common areas, patios, and controlled access to name a few. |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 1,818 | 2,506 |
| Median Age: | 47.54 | 48.65 |
| Households: | 844 | 1,158 |
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