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Freestanding Flex Space with Showroom
For Lease
$10 SF/Yr

2 NW Racetrack Road, Fort Walton Beach, FL 32547

Commercial for Lease, Fort Walton Beach, FL

Space Size9,760 SF
Lot Size0.81 Acres
Days on Market163

Property Features for 2 NW Racetrack Road

General Information

Property type Commercial Lease
Property subtype Retail
Directions Turn off Eglin Pkwy onto Racetrack Rd. Building intersects Racetrack and Mooney Rd.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 35-1S-24-1550-0008-0000
Size 9,760 SF
Lot size 0.81 Acres

Building Details

Year built 1983
Listing Agency: Taylor Allen Properties LLC
Listed By: Chad Knaepple · License #3050854
Added: May 19 Changed: Oct 1 Last Checked: Oct 28 at 7:06AM
MLS# 1003429

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This freestanding flex property contains 9,760 square feet divided between 5,140 square feet of office and showroom area and 4,620 square feet of warehouse space. Built in 1983, the building sits on a 0.81-acre parcel and provides a combined format for office, display, and warehouse functions.

Access is available from both Mooney Rd and Racetrack Rd. The property includes 30 parking spaces and records 28.500 AADT, supporting convenient customer and employee access. Its office/showroom and warehouse configuration is suited to commercial operations requiring both finished workspace and storage or work area.

Key Highlights

  • 9,760‑square‑foot freestanding flex property
  • 5,140 square feet of office/showroom space
  • 4,620 square feet of warehouse area

Property Analytics

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Current Use

Cardtronics ATM Atm Tom thumb Gas Station Western Union Bank Wilson Autosports Auto Repair Shop

Suggested Use

Top Pick Law Firm Dental Office Restaurant Hair Salon Pharmacy 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.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

686
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Fort Walton Beach, FL

$9.82 /SF/Yr
Avg Asking Price
$1.2–$24.27 /SF/Yr
Price Range
20,838 SF
Avg Space Size

This space is priced 2% above the average of $9.82 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • That's My Dogg — food truck Chevron gas station, 708 Lewis Turner Boulevard mobile, Fort Walton Beach, FL 32547

Frequently Asked Questions

What type of property is this?
Flex space - Office, showroom, and warehouse space with dual-road access and substantial on-site parking.
Where is this flex space located?
The property is located at 2 NW Racetrack Road Fort Walton Beach, FL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 9,760‑square‑foot freestanding flex property; 5,140 square feet of office/showroom space; 4,620 square feet of warehouse area
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