3582 W US Highway 98 | Santa Rosa Beach, FL 32459
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- LoopNet Team
3582 W US Highway 98
Santa Rosa Beach, FL 32459
Del Taco - Destin, FL MSA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Situated Directly on US Hwy 98 With 40,500+ ADT, $145,562 Avg HH Income within 1-mile
- Strong 5-Mile Demographics of nearly 20K+ Residents With an Explosive 1-Mile Growth Rate of 93.25% Between 2010-2022
- Lease Guaranteed by Consolidated Restaurant Group, a 80+ Unit Burger King Operator with a 12-Unit Del Taco Development Agreement
- Rapidly Developing Retail Corridor With 400,000+ SF Mixed Used Development Across the Road and Five Retail Pads Developed Adjacent to Del Taco
- Absolute NNN lease Requiring Zero Landlord Responsibilities, Tenant Committed to a 20-Year Primary Term with four (4) 5-Year Options
- Del Taco is owned by parent company, Jack in the Box, a publicly traded company with more than $1B in revenue (Traded as Nasdaq: JACK)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,304 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.11 AC
Zoning
C
Parking
24 Spaces (10.42 Spaces per 1,000 SF Leased)
Frontage
320’ on U.S. 98
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 27-2S-20-33213-000-0040 | Improvements Assessment | $1,451,166 |
| Land Assessment | $1,067,500 | Total Assessment | $2,518,666 |
PROPERTY TAXES
Parcel Number
27-2S-20-33213-000-0040
Land Assessment
$1,067,500
Improvements Assessment
$1,451,166
Total Assessment
$2,518,666
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