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    4425 Commons Dr E Destin, FL 32541

    Source: https://www.saltercompany.com
    For Lease
    $30 SF/Yr ($8,000 /Mo)

    Turnkey restaurant space; high-traffic Destin location.

    Lot size:
    3,200 SF

    Description

    Added:
    Feb 28, 2025
    Days on Market:
    289
    This exceptional 3200-square-foot retail space is available for lease within the Shoppes at Paradise Key in Destin, Florida. Located at 4425 Commons Dr E, Destin, FL 32541, this turnkey restaurant space boasts a nearly new buildout, completed less than two years ago. The property offers significant advantages due to its prime location in the heart of Destin's bustling retail corridor. It benefits from high visibility and foot traffic, enjoying adjacency to major national retailers such as Publix, Ross, Old Navy, and JoAnn Fabrics. The lease is a NNN (Net, Net, Net) type, with an annual rate of $30 per square foot. The space totals 3200 usable square feet. This presents a unique opportunity for a restaurant or similar business seeking a move-in ready space in a high-demand retail area. The property's recent buildout minimizes upfront capital expenditures, allowing businesses to focus on operations and growth. The strong tenant mix in the surrounding area ensures a consistent flow of potential customers. This is an exceptional opportunity for a business seeking a thriving location in Destin's premier retail destination.

    Property Features for 4425 Commons Dr E

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    3,200 SF
    USF (Usable sq. ft)
    3,200 SF
    Elevators
    N/A
    Total Rate
    8000

    Building Details

    Year Built
    1999
    Buildings
    1
    Stories
    1

    HighLights

    • Prime Destin location, adjacent to Publix, Ross, and other national retailers.
    • Turnkey restaurant space ready for immediate occupancy; less than two years old.
    • 3200 square feet of retail space available for lease; NNN lease.
    Location Intelligence

    Current Use by Public Records

    Publix Super Market ... Supermarket Publix Catering at Paradise ... Caterer Publix Pharmacy at Paradise ... Pharmacy Amerigas Propane Exchange Propane Supplier Western Union Money Transfer Service

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Realty agency Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Destin
    State
    Florida
    Longitude
    -87.277882
    Latitude
    30.402022

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    FAQs

    What type of property is this?
    Other retail property - Turnkey restaurant space; high-traffic Destin location.
    Where is this other retail property located?
    The property is located at 4425 Commons Dr E Destin, FL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Prime Destin location, adjacent to Publix, Ross, and other national retailers.; Turnkey restaurant space ready for immediate occupancy; less than two years old.; 3200 square feet of retail space available for lease; NNN lease.
    (407) 839-3140
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    4425 Commons Dr E Destin, FL 32541
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4425 Commons Dr E Destin, FL 32541
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