90 WRM CIRCLE SANTA ROSA BEACH FL 32459-9025
100% leased +++ Net
Marketing description
PROPERTY DESCRIPTION
This rare commercial facility in the highly desirable Santa Rosa Beach / Blue Mountain
Beach area of Florida's Panhandle presents an exceptional investment opportunity.
With six long-term tenants since inception, all with lease renewals in place and
extensive custom build-outs, this property offers immediate cash flow and stability.
Located at 90 WRM Circle, this 12,030 square foot building is perfectly positioned for
continued success in one of the region's premier locations.
Investment highlights
Investment Highlights Recap – 90 WRM Circle, Santa Rosa Beach, FL 32550
• Property Size: 12,030 sq. ft. commercial facility
• Asking Price: $2,977,000
• Annual Income:
• Base Rent: $170,385
• TMI (Triple Net): $26,500.92
• Total Gross Income: $196,885.92
• Projected Cap Rate: 6.61% (based on current gross income)
• Price per Sq. Ft.: $247.50
Key Strengths:
• Six long-term tenants in place since inception with lease renewals
• Extensive tenant build-outs and improvements
• Rare investment opportunity in the highly desirable Santa Rosa Beach / Blue Mountain Beach / Panhandle market
• Stable, turn-key cash-flowing asset with strong tenant retention
This is a strong, income-producing commercial property in a premium coastal location with limited comparable sales. Perfect for investors seeking reliable returns with upside potential.
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