Destin Retail Parcel For Sale

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30610700
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Other
Status: Pending
Gross Land Area: 1.11 Acres
Sale Price: $1,090,000
Unit Price: $981,981 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/22/2022

Overview / Comments

Beck Partners CRE is proud to bring to the market this 1.11 acre retail parcel available for ground lease or build to suit located in one of the most heavily-traveled areas of Destin, Florida. This retail parcel would be a great site for a restaurant, and numerous other free-standing retail uses. Located in Destin, FL, this property is in an extremely desirable location with daily traffic counts of 52,000+ on Highway 98. The lack of available land and space is a huge barrier to entry for retailers looking to enter Northwest Florida's premier retail market.

Several other national and regional tenants surround the property including Winn-Dixie, Walgreens, CVS, Chick-fil-A, Dunkin, McDonald's, T-Mobile, American Family Care, Jimmy Johns, Pizza Hut, Krispy Kreme, Auto Zone, and many others.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 00-2S-22-0000-0013-0190

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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


Photograph of Listing Agent

Stacy Taylor, CCIM

Beck Partners CRE Member
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