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Flex Building with Outdoor Yard
For Lease
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702 NW Anchors Street, Fort Walton Beach, FL 32548

Commercial for Lease, Fort Walton Beach, FL

Space Size11,820 SF
Lot Size3.44 Acres
Days on Market150

Property Features for 702 NW Anchors Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning CTP
Directions Mary Esther Blvd to Anchors St. Property is down on the south side of Anchors.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 08-2S-24-0000-0002-0050
Size 11,820 SF
Lot size 3.44 Acres

Amenities

outdoor yard and storage area

Building Details

Year built 1975
Listing Agency: NBI Properties Inc
Listed By: Dustin Parkman · License #3307056
Added: Apr 17 Changed: Sep 11 Last Checked: Sep 13 at 7:06AM
MLS# 1000884

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.

The property is a 11,820-square-foot flex building with 8,700 square feet dedicated to warehouse use and 3,120 square feet configured for offices and showroom operations. Built in 1975, the building occupies 3.44 acres and includes a substantial outdoor yard and storage area for businesses needing both enclosed and exterior working space.

Located at 702 NW Anchors Street in Fort Walton Beach, the site is 38 miles from Pensacola, 30 miles from Crestview, and 52 miles from Panama City. It is positioned between Hurlburt Field and Eglin Air Force Base, with access to the Destin, 30A, and surrounding coastal community markets.

Key Highlights

  • 11,820 square feet of total building area
  • 8,700 square feet of warehouse space
  • 3,120 square feet of office and showroom space

Property Analytics

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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

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
View Realmo Analytics

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial facility combining warehouse, office, showroom, and exterior storage functions.
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: 11,820 square feet of total building area; 8,700 square feet of warehouse space; 3,120 square feet of office and showroom space
More about this property
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