Dune Lakes Office Suites

Office for Sale
Catylist Listing ID: 30825145
Property Subtypes: Executive Suites, Mixed Use, Office Building, Research & Development
Building Size (RSF): 18,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.20 Acres
Sale Price: $8,500,000
Unit Price: $472.22 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/17/2024

Overview / Comments

CBRE is pleased to offer the opportunity to acquire one of South Walton County, Florida’s premier Class A office buildings. The Dune Lakes Office Suites building is one of the few Class A office properties in the area offering new, modern, and professional office space to the residents of South Walton County. Dune Lakes Office Building is 100% leased providing a stable return on investment for the right buyer.

+ 18,000 SF total

+ Approximately 9,200 SF of executive suites space

+ Mix of executive suites and long-term NNN tenants

+ Stable credit tenants include Capital City Home Loans (a division of Capital City Bank Group), Well Health Chiropractor, and Regal Stevens Construction

+ Secure, electronic access control offers 24-hour access to tenant

+ Low rate assumable debt makes this opportunity ideal for 1031 buyer

+ Class A amenities include an elevator, conference room with cutting-edge video conference capabilities, high-speed internet, and a full-service kitchen

+ Conveniently located just minutes from the famous Scenic Highway 30A in Walton County, among the fastest growing county in Florida

+ New development in the area and the new Scenic Hwy 30A connector road will make this intersection the new commercial epicenter of South Walton
County

Attachments & Media

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Tax ID/APN: 05-3S-18-16000-001-0060
Zoning: GENERAL COMMERCIAL
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 2020
Parking Type: Surface
Total Parking Spaces: 72
Interior Description: The Dune Lake Office Suites offers a beautiful first-generation space customized with warm colors that give a modern coastal feel and is outfitted with high-quality amenities like conference rooms, full service kitchens, shared common areas, patios, and controlled access to name a few.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,818 2,506
Median Age: 47.54 48.65
Households: 844 1,158

Contact

Photograph of Listing Agent

Thomas D. Watson

CBRE, Inc. Gulf Coast CMLS Member
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