Destin FL Build to Suit

Retail-Commercial for Lease
Lease Pending
Catylist Listing ID: 30454406
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad
Status: Pending
Building Status: Proposed
Contiguous Space: 1,500 - 8,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.38 Acres
Lease Rate: $35 PSF (Annual)
Base Monthly Rent: $23,333
Lease Types: NNN
Building Name: Gulfview
Last Updated: 1/5/2022

Overview / Comments

Redevelopment/ Build to Suit opportunity available on 1.38 acres in Destin Fl with full access on Hwy 98. Join other national tenants such as Target, Starbucks, Chick-fil-A, McDonald's and Hobby Lobby in this highly sought after market. Destin is a popular year around tourism destination with over 4 Million visitors per year which spent $2.98 Billon in 2017 ($1.24 Billion spent on dining and retail). Current lease rates in the local market range from $30-$45NNN with low vacancy rates. Florida DOT traffic counts for this property are 54,000 ADT.

Expand All Available Space

Suite: A 8,000 SF $35 PSF (Annual) NNN
Status: Pending
Space Available: 8,000 SF
Minimum Divisible: 1,500 SF
Lease Rate: $35 PSF (Annual)
$23,333 (Monthly)
Lease Type: NNN
Space Subcategory: Neighborhood Center
Date Available: 6/1/2020
Space Type: New

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Taxing Authority: Okaloosa County
Tax ID/APN: 00-2S-22-0000-0013-0040
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Highway 98
Feet of Frontage: 200
Traffic/Vehicle Count: 54,000
Highway Access: Highway 98
Area Description: Destin FL is home to some of the Southeast's most beautiful beaches with over 4 Million visitors annually.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Typical SF / Floor: 8,000 SF
Year Built: 2020
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Zoning Description: Town Center
Lot Frontage: 200
Lot Depth: 300
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,963 12,685 16,453
Median Age: 38.68 41.05 42.03
Households: 2,064 5,494 7,226


Photograph of Listing Agent

Chad Knaepple CCIM, SIOR

Taylor Allen Properties LLC Gulf Coast CMLS Member
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