Investment Sale Office Suites L & M

Office for Sale
Catylist Listing ID: 30214959
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 2,600 SF
Gross Building Area: See Agent
Sale Price: $350,000
Unit Price: $134.62 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Office Suite For Sale | Suite L & M
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/18/2022

Overview / Comments

Beck Partners is pleased to offer for sale this outstanding office condo investment located in Destin, FL. This 100% leased office condo consists of two 1,300 sf office spaces. The offering is 100% leased, generating rental income to provide an owner with long term cash flow. The office suites are located on the 2nd floor and were constructed as mirror images of each other and can seamlessly be combined for future uses.

The Diamond Lakes Office Park was constructed in 2007 and contains tenants such as law firms, insurance agencies, and real estate companies. It is located on Commons Dr. in the heart of Destin which provides a degree of ease when dealing with traffic and privacy.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 00-2S-22-1007-3999-000D
Year Built: 2007
Roof Type: Gable
Construction/Siding: Metal Siding

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,534 13,937 18,378
Median Age: 44.18 41.59 42.68
Households: 1,197 6,080 7,934


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