Crystal Beach Endcap Restaurant Space

Shopping Center for Lease
Also listed as Retail-Commercial
Catylist Listing ID: 30380868
Property Subtypes: Community Center, Fashion/Specialty, Neighborhood Center, Net Leased, Strip Center, Other
Contiguous Space: 1,540 - 4,200 SF
Total Available: 5,740 SF
Gross Building Area: 57,714 SF
Gross Land Area: 9.50 Acres
Lease Rate: $20 - 23 PSF (Annual)
Base Monthly Rent: $2,951 - 7,000
Lease Types: NNN
Building Name: Crystal Beach Plaza
Last Updated: 7/13/2020

Overview / Comments

The Crystal Beach Plaza is strategically located at the signalized intersection of U.S. Highway 98 and SR 293, with excellent visibility and access to over 54,000 vehicles per day. U.S. Highway 98 serves as the main route along Florida's Emerald Coast and connects Destin to Pensacola and Panama City. Located in a dense retail corridor, the property is surrounded by major national retailers, restaurants, and entertainment. National retailers nearby include Bass Pro Shops, Whole Foods, Wal-Mart Supercenter, Belk, H&M, AMC Theaters, Ross, Stein Mart, Publix, Bed Bath & Beyond, Home Depot, Lowe's, Best Buy, PetSmart, Office Depot, Ulta, The Fresh Market, and many others. The last remaining space at Crystal Beach Plaza is the restaurant endcap space with 4,200 SF available.

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Expand All 2 Spaces Available

Suite: 100 4,200 SF $20 PSF (Annual) NNN
Suite: 112 1,540 SF $23 PSF (Annual) NNN

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 00-2S-22-0594-0000-004B
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Hwy 98
Traffic/Vehicle Count: 54,000
Area Description: The center is in close proximity to downtown Destin and popular tourist attractions and recreational areas, including several golf courses and Henderson Beach State Park. Residential communities in the nearby area have grown significantly in recent years; the population within one mile of the property increased by 62.33% between 2010 and 2017. By 2022, the population around the property is expected to increase an additional 12%. Several residential developments are underway near the property, including the next phase of The Henderson, a multi-phase resort complex with residential lofts and two hotels. Additionally, the property benefits from a wealthy customer base, with average household incomes greatly exceeding $128,000 within one, three, and five-mile radius.
Property Condition: Excellent
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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,643 10,462 18,351
Median Age: 45.05 42.58 42.55
Households: 1,694 4,590 8,102
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