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property record · Retail

16055 HIGHWAY 98

Commercial property in Destin, Okaloosa County, Florida. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: RetailSQ FT: 25,814BUILT: 2001Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/a01242ac-d99b-40a7-8703-3aa3725f45c4

Operating income

As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.

As ofNOIRevenueExpensesDSCRSource
2023-12-31642,520960,633318,1132.21evidence →
2020-09-30732,7361,101,656368,9201.99evidence →
2020-06-30460,000703,450243,4501.94evidence →
2020-03-31221,961355,892133,9312.08evidence →
2019-12-31779,2041,362,763583,5591.82evidence →
2019-09-30591,0291,026,089435,0601.84evidence →
2019-06-30389,915684,389294,4741.83evidence →
2018-12-31811,3971,450,421639,0241.90evidence →
2018-09-30451,483914,075462,5921.41evidence →
2018-06-30323,315579,830256,5151.52evidence →
2017-11-30725,5371,169,585444,0481.39evidence →
2017-05-31416,305605,607189,3021.49evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001729832", "entity_ref": "954654d5-c87c-4a07-a7c0-26015bf73311", "originator": "C-III Commercevidence →
loan payment status{"label": "Late Payment But Less Than 30 Days Delinquent", "value": "B", "loan_id": "28"}evidence →
address{"zip": "32541", "city": "Destin", "state": "FL", "county": "Okaloosa", "address": "16055 HIGHWAY 98"}evidence →
occupancy{"basis": "most_recent", "value": 0.94}evidence →
sqft{"basis": "most_recent", "value": 25814}evidence →
status{"defeased_label": "No Defeasance Occurred", "defeased_status": "N"}evidence →
type{"label": "Retail", "value": "RT"}evidence →
units{"basis": "most_recent", "value": 349}evidence →
valuation{"basis": "securitization", "amount": 10550000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
valuation{"basis": "securitization", "amount": 7000000, "source": "MAI", "currency": "USD", "source_label": "Appraisal evidence →
year built{"value": 2001}evidence →