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Flexible Office Units
For Lease
$15 SF/Yr NNN

634 NW Anchors Street, Fort Walton Beach, FL 32548

Commercial for Lease, Fort Walton Beach, FL

Space Size2,500 SF - 25,000 SF
Lot Size1.80 Acres
Days on Market59

Property Features for 634 NW Anchors Street

General Information

Property type Commercial Lease
Property subtype Office
Directions Heading North on Mary Esther Cut-Off, take a left onto Anchors St. The building is located about a half mile on the left hand side.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 09-2S-24-0507-0000-0020
Size 25,120 SF
Lot size 1.80 Acres

Building Details

Year built 1989
Listing Agency: NBI Properties Inc
Listed By: Craig S Barrett · License #3294646
Added: Jul 15 Changed: Sep 11 Last Checked: Sep 11 at 4:06PM
MLS# 1007675

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.

Investment Insights

Based on property information with market context.

This office property contains 25,120 square feet on a 1.8-acre site, with available space configured for flexible occupancy. Suites can be arranged from approximately 2,500+/- square feet up to 25,000+/- square feet, supporting both smaller office requirements and larger users. The property was built in 1989 and is offered under a Triple Net (NNN) lease structure.

Located at 634 NW Anchors Street in Fort Walton Beach, the property provides a commercial office setting within Okaloosa County. Potential uses are subject to applicable zoning, allowing prospective occupants to evaluate the space against their specific operational requirements.

Key Highlights

  • Up to 25,000+/- square feet available
  • Divisible space from 2,500+/- square feet
  • 25,120 square feet property size

Property Analytics

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Current Use

MAG Aerospace Corporate Office

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery Electrical Service Acupuncture (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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

816
Businesses Nearby

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
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Market

Lease Benchmarks for Fort Walton Beach, FL

$12.69 /SF/Yr
Avg Asking Price
$2.58–$15 /SF/Yr
Price Range
10,395 SF
Avg Space Size

This space is priced 18% above the average of $12.69 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space offers divisible layouts with NNN lease structure and room for businesses requiring different footprints.
Where is this office units located?
The property is located at 634 NW Anchors Street Fort Walton Beach, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Up to 25,000+/- square feet available; Divisible space from 2,500+/- square feet; 25,120 square feet property size
More about this property
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