Destin Shoppes
Retail-Commercial
for Lease
| Catylist Listing ID: |
30841285 |
| Property Subtypes: |
Street Retail
|
| Contiguous Space: |
1,700 SF |
| Gross Building Area: |
8,300 SF |
| Gross Land Area: |
1.42 Acres
|
| Lease Rate: |
$28 PSF (Annual)
|
| Base Monthly Rent: |
$3,966 |
| Lease Types: |
NNN |
| Building Name: |
Destin Shoppes |
| Usable Size (USF): |
1,700 SF |
| Last Updated: |
5/3/2024 |
Overview / Comments
Excellent, Class-A leasing opportunity in Destin, Florida. Destin Shoppes is an 8,300 SF multi-tenant retail center strategically located on U.S. Highway 98, Northwest Florida’s primary coastal corridor, with approximately 50,500 vehicles per day. The available in-line unit is approximately 1,700 SF. The unit was previously occupied by T-Mobile and would be an ideal location for a retail user. The property has prime visibility along the bustling Hwy 98, located on the beachside of Highway 98 and across from Big Kahuna’s Water Park. Located along
the highway in the immediate area is a mixture of offices, shops, restaurants, condominiums, and numerous national retailers catering to the heavy traffic and commercial demand.
|
| Space Available: |
1,700 SF |
| Lease Rate: |
$28 PSF (Annual)
$3,966 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
1,700 SF of retail space available |
| Date Available: |
4/28/2023 |
| Space Type: |
Relet |
Additional Details
| Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
| County: |
Okaloosa |
| Tax ID/APN: |
00-2S-22-0000-0015-0000 |
| Zoning: |
GRMU |
| Retail Clientele: |
General, Tourist |
| Property Located Between: |
Gulf Shore Dr & Scenic Hwy 98 |
| Largest Nearby Street: |
US Hwy 98 |
| Feet of Frontage: |
224 |
| Traffic/Vehicle Count: |
50,500 |
| Area Description: |
Located along Florida’s beautiful Emerald Coast, Destin is known for its white beaches and clear blue waters. It is a principal city of the Fort Walton Beach- Crestview-Destin, Florida Metropolitan Statistical Area (MSA) located in Okaloosa County. Each year Destin has over 4 million visitors and has become one of the most sought-after cities to reside in the country. In the first decade of the 21st century, the popularity of the Emerald Coast expanded greatly, leading to new construction booms. Many development communities sprang up along the Emerald Coast, raising property values. The site is located along US Highway 98 (50,500 VPD), which serves as the main route along Florida's Emerald Coast and connects Destin to Pensacola and Panama City. The property is in close proximity to Hurburt & Eglin Air Force Base, downtown Destin, Henderson Beach State Park, shopping, several golf courses, beautiful beaches, and entertainment.
|
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
2016 |
| Year Renovated: |
2019 |
| Parking Type: |
Surface |
| Zoning Description: |
GRMU |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,866 |
12,685 |
16,453 |
| Median Age: |
34.66 |
41.05 |
42.03 |
| Households: |
1,207 |
5,494 |
7,226 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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