Versatile Retail Store
4888 Palm Coast Parkway NW, Palm Coast, Florida 32137
Sold: $1,125,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
8,064 sqft
Land Size
1.45 acres
Sewer
City
Water
CIty
Zoning
COM-2
Year Built
2000
Parking
45 spaces
Construction
Masonry
Property Description
Successful long established Sears store in prime Palm Coast Parkway location. New owner has option to continue the business or let the current agreement expire in January 2019. Zoning allows for retail, restaurant, professional offices, etc. NOI calculated by applying conservative retail market rents of $14 NNN for a new tenant if purchaser wishes to hold this asset as an investment property.
Location
Contact
Margaret Sheehan-Jones, CCIM
Parkside Realty Group-Commercial Division
Office: (386) 302-0303
[email protected]