Single-Tenant NNN
For Sale
Contact for pricing
Pending
10410 US-98, Destin, FL 32541
Starbucks occupies a freestanding commercial property at a signalized US Highway 98 intersection in Destin.
Property SizeContact for details
Days on Market143
Property Features for 10410 US-98
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
52,000 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marc Mandel · License #NJ
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 4:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Forged Real Estate
Investment Insights
Based on property information with market context.
This fee-simple commercial property is occupied by a single Starbucks tenant that has operated at the site since 2007. The lease was extended in 2017 and provides more than 6.5 years of remaining term, 10% rental increases every five years, and five, five-year renewal options. The tenant is rated BBB+ by S&P.
The property is positioned at the signalized intersection of Emerald Coast Parkway West (US Highway 98) and Scenic Gulf Drive. US Highway 98 carries roughly 52,000 VPD and functions as the area’s primary retail corridor. Silver Sands Premium Outlets is located behind the premises and includes more than 100 designer and national outlet stores. Winn Dixie, CVS Pharmacy, and Chick-fil-A are across the street. The property is located at 10410 US-98, Destin, FL 32541.
The property is positioned at the signalized intersection of Emerald Coast Parkway West (US Highway 98) and Scenic Gulf Drive. US Highway 98 carries roughly 52,000 VPD and functions as the area’s primary retail corridor. Silver Sands Premium Outlets is located behind the premises and includes more than 100 designer and national outlet stores. Winn Dixie, CVS Pharmacy, and Chick-fil-A are across the street. The property is located at 10410 US-98, Destin, FL 32541.
Key Highlights
- Single‑tenant Starbucks property with operations at the site since 2007
- More than 6.5 years of remaining lease term
- 10% rental increases every five years
Property Analytics
Current Use
Lease Details
52,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
410k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 59%
Dining 23%
Shops & Services 8%
Groceries 8%
Nike Factory Store
Apparel
37,772 visits/mo
0.3 miles
Winn-Dixie
Groceries
31,841 visits/mo
0.2 miles
Chick-fil-A
Dining
31,279 visits/mo
0.1 miles
Saks OFF 5TH
Apparel
20,895 visits/mo
0.1 miles
Whataburger
Dining
20,747 visits/mo
0.3 miles
Demographics for 32541, FL
18,419
Population
16,390
Households
1.1
Avg Household Size
45
Median Age
48%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
1,462
Density / Sq Mi
$93,004
Median Household Income
$47,991
Median Earnings
$1,976
Median Rent
$498,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Starbucks occupies a freestanding commercial property at a signalized US Highway 98 intersection in Destin.
Where is this nnn property located?
The property is located at 10410 US-98 Destin, FL.
What are key features of this property?
This property features: Single‑tenant Starbucks property with operations at the site since 2007; More than 6.5 years of remaining lease term; 10% rental increases every five years
