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Eight-Site Restaurant Portfolio
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19 Miracle Strip Parkway Southwest, Fort Walton Beach, FL 32548

Standalone restaurant properties across four states retain improvements for food-service operations or redevelopment.

Space Size2,028 SF - 4,547 SF
Days on Market2

Property Features for 19 Miracle Strip Parkway Southwest

General Information

Standard status Active
Size 2,028 SF - 4,547 SF
Property subtype Retail

Additional Details

Sublease Yes

Building Details

Building Size 4,547 SF

Spaces For Lease

at 19 Miracle Strip Parkway Southwest Contact us

111 Crown Pointe Pkwy, Kingsland, GA

Size 2,678 SF
Term Negotiable
Rate Contact for pricing
Contact us

19 Miracle Strip Pkwy SW, Fort Walton Beach, FL

Size 4,547 SF
Term Negotiable
Rate Contact for pricing
Contact us

242 S. Tyndall Pkwy, Panama City, FL

Size 2,847 SF
Term Negotiable
Rate Contact for pricing
Contact us

2811 Canton Rd, Marietta, GA

Size 2,396 SF
Term Negotiable
Rate Contact for pricing
Contact us

3801 Oaklawn Dr, Louisville, KY

Size 2,472 SF
Term Negotiable
Rate Contact for pricing
Contact us

4120 Buena Vista Rd, Columbus, GA

Size 2,096 SF
Term Negotiable
Rate Contact for pricing
Contact us

735 S. State St, Clarksdale, MS

Size 2,743 SF
Term Negotiable
Rate Contact for pricing
Contact us

849 S. Broad St, Brooksville, FL

Size 2,028 SF
Term Negotiable
Rate Contact for pricing
Contact us
Listing Agency: Southpace Properties Inc.
Listed By: Tyler Bradford · License #975480
Source: Southpace
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:12AM

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 Southpace Properties Inc.

Investment Insights

Based on property information with market context.

This sublease portfolio comprises eight freestanding restaurant buildings in Florida, Georgia, Kentucky, and Mississippi. The properties range from approximately 2,000 to 4,500 SF and retain restaurant improvements suited to quick-service or other restaurant use, as well as redevelopment.

Florida sites are in Brooksville, Fort Walton Beach, and Panama City; Georgia locations include Columbus, Marietta, and Kingsland. The remaining properties are in Louisville, Kentucky, and Clarksdale, Mississippi. Identified corridor locations include Broad Street (US 41) and Tyndall Parkway.

Key Highlights

  • Eight freestanding restaurant sites offered for sublease across Florida, Georgia, Kentucky, and Mississippi
  • Buildings range from approximately 2,000 to 4,500 SF
  • Existing restaurant improvements support restaurant use or redevelopment

Property Analytics

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Current Use

Captain D's Restaurant

Suggested Use

Top Pick Pharmacy Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Dental Office Locksmith

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

1,081
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 72% Hotels & Casinos 25% Shops & Services 3%
Whataburger Dining
10,898 visits/mo 0.0 miles
Captain D's Dining
2,367 visits/mo 0.0 miles
Residence Inn Fort Walton Beach Hotels & Casinos
1,454 visits/mo 0.2 miles
Holiday Inn Express Fort Walton Beach Central Hotels & Casinos
1,128 visits/mo 0.4 miles
La Quinta Inn & Suites Fort Walton Beach Hotels & Casinos
1,026 visits/mo 0.1 miles

Demographics for 32548, FL

22,399
Population
14,040
Households
1.6
Avg Household Size
42
Median Age
31%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
1,851
Density / Sq Mi
$63,857
Median Household Income
$37,725
Median Earnings
$1,281
Median Rent
$291,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Conventional restaurant - Standalone restaurant properties across four states retain improvements for food-service operations or redevelopment.
Where is this conventional restaurant located?
The property is located at 19 Miracle Strip Parkway Southwest Fort Walton Beach, FL.
What are key features of this property?
This property features: Eight freestanding restaurant sites offered for sublease across Florida, Georgia, Kentucky, and Mississippi; Buildings range from approximately 2,000 to 4,500 SF; Existing restaurant improvements support restaurant use or redevelopment
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