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Flex Space with Outdoor Yard

702 NW Anchors Street, Fort Walton Beach, FL 32548

For Lease
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Contact for pricing

Commercial for Lease, Fort Walton Beach, FL

Space Size11,820 SF
Lot Size3.44 Acres
Days on Market6

Property Features for 702 NW Anchors Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning C-2
Directions Take US-98 west through Destin, cross the bridge onto Okaloosa Island, and cross the Brooks Bridge into Fort Walton Beach. Continue west on US-98 to Mary Esther Cut-Off NW and turn north. Anchors St NW is a left turn off Mary Esther Cut-Off, and building is about half a mile in on the left.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 08-2S-24-0000-0002-0050
Size 11,820 SF
Lot size 3.44 Acres

Building Details

Year built 1975
Listing Agency: NBI Properties Inc
Listed By: Dustin Parkman · License #3307056
Added: Nov 2 Changed: Nov 6 Last Checked: Nov 7 at 9:06PM
MLS# 1015038

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 11,820-square-foot flex property at 702 NW Anchors Street includes approximately 8,700 square feet of warehouse space and 3,120 square feet of office and showroom area. The warehouse has 20-foot ceilings, 18-foot clear height, three 16' x 17' roll-up doors, one 12' x 10' roll-up door, and a 12' x 14' rear access door. An outdoor yard and storage area add space for vehicle parking, laydown, or outdoor operations. The property was built in 1975 and is zoned C-2.

The 3.44-acre site offers access to U.S. Highway 98 and State Road 189. Hurlburt Field and Eglin Air Force Base are minutes away, with connectivity to Destin, 30A, and the broader Emerald Coast region.

Key Highlights

  • 3.44‑acre site with an outdoor yard and storage area
  • 11,820 square feet, including approximately 8,700 square feet of warehouse and 3,120 square feet of office/showroom
  • Warehouse features 20‑foot ceilings and 18‑foot clear height

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Disabled Veterans Group ... Advocacy Group

Suggested Use

Top Pick Building Supply Electrical Service HVAC Service Parking Lot & Garage Garden Center Bakery

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

18 ft
Clear height
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

597
Businesses Nearby
Under-served
Demand for This Use

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

$10.24 /SF/Yr
Avg Asking Price
$1.2–$24.27 /SF/Yr
Price Range
14,318 SF
Avg Space Size

Average Price Trend$/SF/Yr for Flex space in Okaloosa County, FL

$13.18 Jul
$12.43 Aug
$27.62 Sep
$18.03 Oct

Properties on Market for Flex space in Okaloosa County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse, office, and showroom areas are complemented by an outdoor yard for storage and operations.
Where is this flex space located?
The property is located at 702 NW Anchors Street Fort Walton Beach, FL.
What are key features of this property?
This property features: 3.44‑acre site with an outdoor yard and storage area; 11,820 square feet, including approximately 8,700 square feet of warehouse and 3,120 square feet of office/showroom; Warehouse features 20‑foot ceilings and 18‑foot clear height
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