4476 Legendary Drive

Office for Lease
Catylist Listing ID: 30323965
Property Subtypes: Business Park, Executive Suites, Governmental, High-Tech, Institutional, Medical, Mixed Use, Flex Space, Net Leased, Office Building
Contiguous Space: 1,315 SF
Building Size (RSF): 11,383 SF
Gross Building Area: 12,793 SF
Gross Land Area: 19,223 SF
Lease Rate: $1,995 (Monthly)
$18.20 PSF (Annual)
Lease Types: Net Lease
Building Name: Coleman Kelly Building
Class of Space: Class A
Usable Size (USF): 11,383 SF
Core Factor: 11%
Last Updated: 11/6/2018

Overview / Comments

Class ''A'' professional office space located in the most prestigious office complex in Destin, Regatta Commons. This 2nd-floor unit of 1185 sq ft usable and 1315 sq feet rentable, located above Dr. Nitin Bawa's medical practice offices on the first floor, has ready to move-in offices for the professional needing prime space in the center of Destin. Regatta Commons is centrally located in Destin's financial district close to shopping centers, banks, residential communities of Regatta Bay and Kelly Plantation and Destin Middle. Landlord provides all utilities and maintenance with terms of the lease except for cable, internet, and telephone.

Attachments & Media

Expand All Available Space

Suite: 202 1,315 SF $1,995 (Monthly) Net Lease
Level/Floor: 2nd
Space Available: 1,315 SF
Lease Rate: $1,995 (Monthly)
$18.20 PSF (Annual)
Lease Type: Net Lease
Space Description: Class ''A'' professional office space located in the most prestigious office complex in Destin, Regatta Commons. This second floor unit of 1185 sq feet usable and 1315 rentable, located above Dr. Nitin Bawa's medical practice offices on the first floor, has five separate offices for the professional needing a moderate amount of space, like medical practice, financial advisors, small CPA firms, and other service types. Regatta Commons is centrally located in Destin's financial district close to shopping centers, banks, residential communities of Regatta Bay and Kelly Plantation and Destin Middle School.
Space Subcategory: Office Building, Business Park
Date Available: 8/20/2018
Lease Term: 24 Months
Space Type: Relet
Operating Expenses $5.50 PSF (Annual)
Rent Escalators Fixed Lease
Rent Escalators Description Flat rate first 2 years with a 5% increase for renewal terms of 2 years.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Taxing Authority: Okaloosa
Tax ID/APN: 21-2S-26-0780-0WW00-0000
Zoning: COMMERCIAL
Property Located Between: Destin Commons and Regatta Bay Golf and Yacht Club
Property Visibility: Excellent
Highway Access: Backs up to Emerald Coast Parkway and accessible from Regatta Bay entrance and Commons Drive
Airports: Destin private airport is within 2.5 miles. Fort Walton Beach/Destin Regional Airport is 30 minutes away.
Site Description: REGATTA COMMONS is the most prestigious office complex in Destin with over 120,000sf of office space located in the center of the residential and commercial corridor. Regatta Commons has Class A office space with Fortune 500 tenants along with law offices, medical facilities, and other professional clients.
Area Description: Stunning white beaches, challenging golf and world-famous fishing define the Emerald Coast city of Destin. Snuggled against the Gulf of Mexico in northwest Florida, Destin is rightfully famed for its sugar-white sands and emerald-hued waters. And due to its plentiful and always hungry underwater population, Destin is widely known as the "world’s luckiest fishing village." Destin also harbors world-class resorts and rentals – and some of the best shopping and dining anywhere. And something new: The recently opened Northwest Florida Regional Airport makes it easy to reach this Florida Panhandle vacation destination. In addition Destin has its own executive airport that receives corporate and leisure jets on a daily basis.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 5,500 SF
Year Built: 1999
Roof Type: Gable
Construction/Siding: Concrete
Exterior Description: Masonry/stucco
Parking Type: Surface
Parking Description: Common area parking
Total Parking Spaces: 20
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: Office Building
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: REGATTA COMMONS S/D LOTS 5 TO 9

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,880 6,260 17,251
Median Age: 44.56 45.38 43.24
Households: 1,294 2,928 7,664

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