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Retail Suite with Offices
For Lease
$15 SF/Yr CAM $2.00 /USD/SF/YR

116 Benning Drive #B, Destin, FL 32541

An open floor area, offices, a restroom, and two pedestrian doors define the suite’s layout.

Space Size1,833 SF
Days on Market1214

Property Features for 116 Benning Drive #B

General Information

Standard status Active
Size 1,833 SF
Net Rentable 1,833 SF
Lease Type NNN

Space & Availability

Available Space 1,833 SF
Contiguous Space 1,833 SF

Lease Terms

Lease Rate $15 /SF/YR
Total Rate $2,765
Monthly Rent $2,291
Rent per SF/Year $15
CAM $2.00 /SF/YR

Site & Location

Corner Location Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Taylor Allen Properties LLC
Listed By: Brett D Stuart · License #678851
Source: Emeraldgulfrealty
Added: Jun 28, 2023 Changed: Oct 23 Last Checked: Oct 23 at 6:11PM

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 Taylor Allen Properties LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,833 SF retail suite offers a broad open area, 2–3 offices, and one restroom. Two pedestrian doors serve the space, and the property has two access points for entry.

The suite is at the southwest corner of Benning Drive and Mountain Drive, just north of Highway 98 in West Destin. Other occupants in the building include Pavlic's Florist, a hairdresser, and an alterations business.

Key Highlights

  • 1,833 SF retail space
  • Large open area, 2–3 offices, and one restroom
  • Two pedestrian doors and two access points

Property Analytics

Current Use

Pavlic's Florist & Gifts, ... (Bike/Boat/Book/etc) Store Sandestin Vacation Rental

Suggested Use

Top Pick Dental Office Law Firm Barber Shop Catering Service Accounting Firm (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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,303
Businesses Nearby
35k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 32% Hotels & Casinos 7%
Circle K Shops & Services
9,179 visits/mo 0.4 miles
Taco Bell Dining
7,485 visits/mo 0.2 miles
76 Shops & Services
6,668 visits/mo 0.3 miles
Shrimp Basket Dining
3,911 visits/mo 0.4 miles
AutoZone Shops & Services
2,885 visits/mo 0.4 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

Lease Benchmarks for Destin, FL

$30.92 /SF/Yr
Avg Asking Price
$11.49–$68.3 /SF/Yr
Price Range
25,266 SF
Avg Space Size

This space is priced 51% below the average of $30.92 /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 - An open floor area, offices, a restroom, and two pedestrian doors define the suite’s layout.
Where is this retail space located?
The property is located at 116 Benning Drive #B Destin, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 1,833 SF retail space; Large open area, 2–3 offices, and one restroom; Two pedestrian doors and two access points
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