Catylist ID: #29541036
Plantation Commons - Now Offering a Broker Bonus!
Shopping Center for Lease
|Catylist Listing ID:||29541036|
|Property Subtypes:||Community Center|
|Contiguous Space:||1,188 - 8,603 SF|
|Total Available:||5,076 SF|
|Building Size (RSF):||18,394 SF|
|Gross Building Area:||121,485 SF|
|Gross Land Area:||15.23 Acres|
$13.50 - 15 PSF (Annual)
|Base Monthly Rent:||$1,336 - 9,678|
|Building Name:||Plantation Commons|
Overview / Comments
We are offering an incentivized fee equal to 6% of the net base rent for a new lease on any vacancy in Plantation Commons if leases are signed prior to May 1, 2017. Landlord will have full discretion over the suitability of all offers presented. Lease term must be a minimum of five (5) years. Commission will be further subject to the terms of the Landlord’s standard commission agreement. Time is of the essence. Landlord reserves the right at any time to discontinue this Broker Incentive at any time without notice.
Plantation Commons was constructed in 2007 and is currently anchored by Fresh Market, Home Depot, Marshall’s, HomeGoods, Tuesday Morning and Destin Health and Fitness Club. The property is located at the intersection of Commons Drive and Kelly Plantation Drive, just off Emerald Coast Parkway (U.S. 98) the major thoroughfare in Destin.
The center has been experiencing a high level of interest from national and local tenants since being purchased by current owners. 7 new tenants have been signed in the past 6 months including Tuesday Morning, Rise Dance Studio, Jasmine Thai, Everkrisp, Pink and Blue, LexyLeah, and Coast Home Fashions.
2016 estimated operating expenses $3.75 sf/year
• 7 new tenants signed in the past 6 months!
• New tenants include Tuesday Morning, Jasmine Thai, Everkrisp Restaurant, Pink and Blue Baby Boutique, Rise Dance Studio, Coastal Home Fashions and LexyLeah Women's Athletic Apparel.
• Anchored by Fresh Market, Home Depot, Marshalls and Home Goods.
• Located along Hwy. 98 with daily traffic counts near the center exceeding 50,000 CPD.
• "Shadow-Anchored" by the only Home Depot in the Destin Market which draws cross-shopping traffic to the property.
Attachments & Media
Expand All 3 Spaces Available
|Suite: 4467 - C||1,188 SF||$13.50 PSF (Annual) NNN|
|Suite: 4467 D||2,100 SF||$13.50 PSF (Annual) NNN|
|Suite: 4489 - C||1,788 SF||$15 PSF (Annual) NNN|
|Nearest MSA:||Crestview-Fort Walton Beach-Destin|
|Property Located Between:||Commons Drive East & Commons Dr E|
|Feet of Frontage:||52,000|
|Area Description:||The property is located at the intersection of Commons Drive and Kelly Plantation Drive, just off Emerald Coast Parkway (U.S. 98) the major thoroughfare in Destin.|
|Total Number of Buildings:||5|
|Number of Stories:||1|
|Proximity:||1 mile||3 miles||5 miles|
Justin A. Beck, CCIM, CPMBeck Partners CRE, LLC Gulf Coast CMLS Member
Stacy Taylor, CCIMBeck Partners CRE, LLC Gulf Coast CMLS Member
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