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Lessee requests confidentiality. This is the buy-out of a current on-going lease with 5 years left in the initial term + options with a right of first refusal in the lease for purchase. Lease is not negotiable and also requires 2.5% overage in addition to base rent. Lessor must approve the new tenant. Lessee has over $1,000,000 invested but is looking for $300,000 to vacate the building leaving all equipment except signage. Current use is a restaurant. This restaurant has 9,776 SF, 378 seats, & zoned Town Center Mixed Use (TCMU) which allows restaurant/bar, grocery, gasoline, department stores & other retail, office, seasonal & permanent multi-family, hotel/motel, fitness centers, & more. There are 135 parking spaces on 2.23 acres with 144' on Hwy 98. Traffic count is 49,500 daily.This Commercial Lease property located within the subdivision in DESTIN, FL 32541 is priced at $1/sq. ft. and has been on the market for 246 days. 733 Harbor Blvd is 9776 square feet of living space and has 0 bedrooms and 0 baths and was built in 1998. The average list price of properties in is $422,130.
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Listing information last updated on November 12th, 2019 at 8:15pm CST.