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Fort Walton Beach Retail/Office Space
For Lease
$12 SF/Yr NNN

109 Racetrack Rd NE, Fort Walton Beach, FL 32547

10,265 SF space ideal for retail or office use.

Space Size5,000 SF - 10,265 SF
Property Size62,504 SF
Days on Market204
Rey
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Property Features for 109 Racetrack Rd NE

General Information

Standard status Active
Size 5,000 SF - 10,265 SF
Property subtype Retail - Strip

Building Details

Building Size 62,504 SF
Year Built 1970
Units 3

Spaces For Lease

at 109 Racetrack Rd NE Contact us

Suite I $12/SF/Yr

Size 5,000-10,265 SF
Type Strip
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite I-A $12/SF/Yr

Size 5,133 SF
Type Retail
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite I-B $12/SF/Yr

Size 5,132 SF
Type Retail
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Bellcore Commercial
Listed By: Robert Bell · License ##SL698346
Source: Commercialcafe
Added: Mar 26 Changed: Oct 2 Last Checked: Oct 14 at 8:27PM

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 Bellcore Commercial

Investment Insights

Based on property information with market context.

Located in Fort Walton Beach, this 10,265 square foot space at Beltway Plaza is suitable for retail or office use. The space is available for lease under a triple net agreement and can be divided into two units, with a minimum unit size of 1,900 square feet. The property features a 10-foot acoustical ceiling, with the potential to reach 14 feet. Each unit has separate entrances, ample parking, prominent signage opportunities, and high-traffic exposure in a commercial corridor. The tenant mix includes a Thai restaurant, nail salon, CBD store, bingo hall, café, and professional offices. The property offers visibility along Racetrack Road.

Key Highlights

  • High‑visibility location on Racetrack Rd. in Fort Walton Beach.
  • Divisible space, minimum 1,900 SF, suitable for retail or office use.
  • Ample parking and prominent signage opportunities.

Property Analytics

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Current Use

Thai Hut Garden Restaurant Stars N Stripes ... (Bike/Boat/Book/etc) Store Gulf Coast Monuments General Contractor Ocean City Bingo Bingo Hall FLUENT Cannabis Dispensary ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Dental Office Electrical Service Daycare Center Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Home Improvements & Furnishings 24%
Tom Thumb Food Stores Shops & Services
9,808 visits/mo 0.3 miles
Racetrack Ace Hardware Home Improvements & Furnishings
5,284 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
2,906 visits/mo 0.4 miles
Pep Boys Auto Parts & Service Shops & Services
1,386 visits/mo 0.4 miles
Advance Auto Parts Shops & Services
1,245 visits/mo 0.1 miles

Demographics for 32547, FL

35,466
Population
16,112
Households
2.2
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
29.0 sq mi
ZIP Area
1,223
Density / Sq Mi
$67,822
Median Household Income
$36,465
Median Earnings
$1,421
Median Rent
$299,400
Median Home Value
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Market

Lease Benchmarks for Fort Walton Beach, FL

$9.93 /SF/Yr
Avg Asking Price
$1.2–$22.29 /SF/Yr
Price Range
19,775 SF
Avg Space Size

This space is priced 21% above the average of $9.93 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - 10,265 SF space ideal for retail or office use.
Where is this retail space located?
The property is located at 109 Racetrack Rd NE Fort Walton Beach, FL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: High‑visibility location on Racetrack Rd. in Fort Walton Beach.; Divisible space, minimum 1,900 SF, suitable for retail or office use.; Ample parking and prominent signage opportunities.
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