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Curtis Skomp

Owner

Prime Trophy Investment Property in the heart of Duval St. The Coach Retail Building is a once in a lifetime opportunity! Coach is a very strong, long term NNN retail tenant. Upstairs are 6 professional offices. Combined all tenants provide consistent income with minimal owner management. Property has been in the same family ownership since the 1940's and the first time listed for sale. 2 story concrete Building is in excellent condition and well maintained. Valuable large parking lot in rear is 518 Bahama St. Room for 10 + cars plus dumpster and loading area. Both lots total 9,068 sf.Gorgeous Coach retail store occupies the entire ground floor with 51' of Duval St. frontage. Occupies a total approx. 3,937 sf. Coach have been great tenants in the building since 1998 and have a long term, NNN lease. 2nd floor is 3,937 sf. with 6 individual offices. Upstairs tenants on gross leases & each has own electric meter. Also a storage room & individual Men & Woman's bathrooms. Extensive list of Building repairs and recent renovations available includ. new impact resistant doors and windows & awning replaced on entire first floor storefront, rebuild rear stairwell, recoat roof, and stormwater disposal well in lot plus many others. Property sits in the 500 Block of Duval St., an X flood zone. Thousands of tourists and locals walk by & drive by daily. Neighboring business include Margaritaville, Banana Republic, Kilwin's Fudge, Jack Flats, Gap, CVS & Walgreens, San Carlos Institute and more. Perfect for a1031 Exchange and/ or long term investor.

Listing ID603962
Price$7,500,000
StatusActive
Total Baths4
Partial Baths4
SqFt 7,854
CountyMonroe
SubdivisionOld Town - Unrecord (1.0)
Year Built1933
Property TypeCommercial
Property Sub TypeCommercial
Listing Agent
Curtis Skomp, CCIM
Curtis Skomp, CCIM
Title: Owner
Office Phone: 305-296-1400
Office Fax: 305-296-1403
Cell Phone: 305-304-0084

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Image of Curtis Skomp, CCIM
Curtis Skomp, CCIM
Owner
United States
Phone: 305-304-0084
Fax: 305-296-1403

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