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Two-Building Industrial Property
For Lease
$15 SF/Yr

706 NW Anchors Street, Fort Walton Beach, FL 32548

Commercial for Lease, Fort Walton Beach, FL

Space Size10,000 SF - 20,000 SF
Lot Size1.50 Acres
Days on Market175

Property Features for 706 NW Anchors Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning Industrial
Directions Located in the Fort Walton Commerce and Technology Park.
Subdivision 12 - Fort Walton Beach
Standard status Active
APN 08-2S-24-0000-0002-005A
Size 20,000 SF
Lot size 1.50 Acres

Building Details

Year built 1985
Listing Agency: Taylor Allen Properties LLC
Listed By: Chad Knaepple · License #3050854
Added: Mar 25 Changed: Sep 11 Last Checked: Sep 15 at 7:06AM
MLS# 998892

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 industrial property includes two 10,000-square-foot buildings designed for industrial and light manufacturing operations. Both structures are heated and cooled and feature sealed floors, upgraded LED lighting, 16-foot eave heights, and 6-inch reinforced slabs. The improvements also include a loading dock, three 16-foot overhead doors, 1,200 Amp 3 Phase power, and fire suppression systems.

The property is positioned within Fort Walton Beach Commerce & Technology Park, with access to Hurlburt Field and Eglin Air Force Base within minutes. A fenced yard provides secured exterior space for the operation. The buildings were constructed in 1985 and are situated on an industrial-zoned site.

Key Highlights

  • Two 10,000 SF industrial/light manufacturing buildings
  • 20,000 SF total property size
  • 16 ft eave height and three 16ft overhead doors

Property Analytics

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Current Use

Cobham Industrial Manufacturer

Suggested Use

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

16 ft
Clear height
3
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

597
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

$11.61 /SF/Yr
Avg Asking Price
$1.2–$24.27 /SF/Yr
Price Range
27,497 SF
Avg Space Size

This space is priced 29% above the average of $11.61 /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
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Heated and cooled facilities feature reinforced flooring, upgraded lighting, loading access, and a secured yard.
Where is this industrial property located?
The property is located at 706 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: Two 10,000 SF industrial/light manufacturing buildings; 20,000 SF total property size; 16 ft eave height and three 16ft overhead doors
More about this property
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