Description

This Destin, Florida office investment offers a fully leased, single-tenant executive office asset secured by a brand-new 10-year absolute NNN lease, delivering passive income with zero landlord responsibilities. The lease features 2% annual rent increases, providing steady and predictable income growth throughout the term. Occupied by Micro Suites USA and managed by Regus, the tenant is part of a globally recognized flexible workspace platform with thousands of locations across more than 120 countries and a large international membership base. The well-maintained building presents a turnkey investment with no deferred maintenance and benefits from a prime location adjacent to Destin Executive Airport within a dense office corridor. Surrounded by national retailers and daily-use services, and supported by a tourism-driven economy with millions of annual visitors, the property also draws demand from nearby beach resorts, conference centers, and military installations. With affluent demographics in the surrounding area and strong economic drivers along the Emerald Coast, this asset combines a credit-backed tenant, stable cash flow, and long-term growth potential in a high-demand coastal market.