Cape & Coast Premier Properties
Industrial | 7.75% CAP | 22,694 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Cape & Coast Premier Properties located at 425 US-98, Apalachicola, FL 32320. The site consists of roughly 22,694 rentable square feet of building space on an estimated 2-acre parcel of land. This Cape & Coast Premier Properties is subject to a 20-year Triple Net (NNN) lease, which commenced 8/20/2025. The current annual rent is $175,739 and has scheduled increases of 3% annually starting year 7.
Investment highlights
Significant AUM | Cape & Coast manages over 270 homes and 2 duplexes, providing a diversified source of revenue. The company also recently secured exclusive management rights to the Sugar Sand community, a luxury gated development that will contribute 30-40 premier rentals over the next 12-18 months.
Corporate Guarantee from StayTerra Vacations, LLC | StayTerra is a premier vacation rental management uniting a collection of leading vacation rental brands under one network. Stayterra currently manages over 1,000 properties.
Strong Corporate Growth | Cape & Coast experienced a Compound Annual Growth Rate (CAGR) of 38.77% from 2021 to 2023, driven by rapid expansion and strategic homeowner acquisition.
Long-Term Absolute Triple (NNN) Lease | This is a brand new 20-year absolute NNN lease with no landlord responsibilities.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
