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    1012 US-98 Destin, FL 32541

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $28 SF/Yr ($3,966 /Mo)

    High-traffic location, 1700 sq ft, NNN lease.

    Lot size:
    1,700 SF

    Description

    Added:
    Mar 10, 2025
    Days on Market:
    304
    This exceptional 1,700 square foot retail space is available for lease within the Destin Shoppes, a vibrant 8,300 square foot multi-tenant retail center in Destin, Florida. Situated at 1012 US-98, Suite 101, this in-line unit benefits from a prime location on Northwest Florida's primary coastal corridor, US Highway 98, experiencing approximately 50,500 vehicles daily. The space offers excellent visibility and is ideally positioned across from Big Kahuna's Water Park, ensuring high foot traffic and exposure. Previously occupied by T-Mobile, this unit is perfect for a variety of retail uses. The surrounding area boasts a diverse mix of businesses, including offices, shops, restaurants, condominiums, and numerous national retailers, catering to the significant commercial demand and heavy traffic flow. The lease is a NNN lease with an annual rate of $28 per square foot. This presents a unique opportunity to establish a thriving retail presence in a high-demand location. The property is classified as Class-A.

    Property Features for 1012 US-98

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    1,700 SF
    USF (Usable sq. ft)
    1,700 SF
    Elevators
    N/A
    Total Rate
    3966.67

    Building Details

    Year Renovated
    2019
    Buildings
    1
    Stories
    1

    HighLights

    • 1,700 sq ft retail space available for lease in Destin, FL's Destin Shoppes.
    • High‑traffic location on US Highway 98, boasting 50,500 vehicles daily.
    • Prime visibility across from Big Kahuna's Water Park, near offices, shops, and restaurants.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Destin
    State
    Florida
    Longitude
    -86.564426
    Latitude
    30.73376

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    FAQs

    What type of property is this?
    Other retail property - High-traffic location, 1700 sq ft, NNN lease.
    Where is this other retail property located?
    The property is located at 1012 US-98 Destin, FL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 1,700 sq ft retail space available for lease in Destin, FL's Destin Shoppes.; High-traffic location on US Highway 98, boasting 50,500 vehicles daily.; Prime visibility across from Big Kahuna's Water Park, near offices, shops, and restaurants.
    (850) 434-3434
    Request Owner's contact information
    1012 US-98 Destin, FL 32541
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    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
    1012 US-98 Destin, FL 32541
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