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Drive-Through Restaurant Investment
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1305 Lewis Turner Boulevard, Fort Walton Beach, FL 32547

Newly constructed, purpose-built drive-thru Starbucks with a direct Starbucks lease.

Property Size2,500 SF
Price / SF$1,578
Days on Market105

Property Features for 1305 Lewis Turner Boulevard

General Information

Standard status Active
Size 2,500 SF
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $223,000

Building Details

Year Built 2025
Tenancy Single
Listing Agency: Sands Investment Group
Listed By: Maxwell Watson · License #TX 790465
Source: Crexi
Added: Jun 1 Changed: Sep 6 Last Checked: Sep 13 at 5:16AM

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 Sands Investment Group

Investment Insights

Based on property information with market context.

This offering features a newly constructed, purpose-built drive-through Starbucks totaling 2,500 square feet. The property is leased directly to Starbucks, operated under a corporate lease backed by Starbucks Corporation itself.

The site is presented for sale as a standalone restaurant asset at 1305 Lewis Turner Boulevard in Fort Walton Beach, FL. As a drive-through format, the property is designed to support high-throughput ordering and convenient customer service.

For investors seeking a single-tenant restaurant structure with an operator-backed lease, this Starbucks location is tied to Starbucks Corporation as the lease guarantor. The current tenant is Starbucks, a Fortune 500 publicly traded corporation with an investment-grade credit profile, and the lease is described as an obligation directly from Starbucks Corporation. The result is a straightforward, corporate-credit-oriented restaurant investment centered on a modern drive-thru footprint.

Key Highlights

  • 2,500 SF newly constructed, purpose‑built drive‑thru Starbucks at 1305 Lewis Turner Boulevard in Fort Walton Beach, FL
  • Direct lease to Starbucks, with the lease backed by Starbucks Corporation
  • Property is leased to Starbucks, a Fortune 500 publicly traded corporation with an investment‑grade credit profile

Property Analytics

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Current Use

Drive through restaurants

Suggested Use

Top Pick Dental Office Real Estate Agency Hair Salon Law Firm Spa & Massage Center Nail Salon

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

Location Intelligence

Trade Area within ½ mile

1,146
Businesses Nearby
91k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 27% Apparel 10%
McDonald's Dining
23,030 visits/mo 0.1 miles
Culver's Dining
14,458 visits/mo 0.1 miles
Sonny's BBQ Dining
10,523 visits/mo 0.4 miles
Taco Bell Dining
9,877 visits/mo 0.3 miles
Tom Thumb Food Stores Shops & Services
8,656 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

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

What type of property is this?
Drive through restaurant - Newly constructed, purpose-built drive-thru Starbucks with a direct Starbucks lease.
Where is this drive through restaurant located?
The property is located at 1305 Lewis Turner Boulevard Fort Walton Beach, FL.
What is the asking price?
The asking price for this property is $3,946,900.
What are key features of this property?
This property features: 2,500 SF newly constructed, purpose‑built drive‑thru Starbucks at 1305 Lewis Turner Boulevard in Fort Walton Beach, FL; Direct lease to Starbucks, with the lease backed by Starbucks Corporation; Property is leased to Starbucks, a Fortune 500 publicly traded corporation with an investment‑grade credit profile
(844) 474-4666 Call to check price and availability
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