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Retail Space in Destin Corridor
For Lease
$27 SF/Yr

981 U.S 98, Destin, FL 32541

Prime retail space in Destin's high-traffic retail corridor.

Space SizeContact for details
Property Size84,682 SF
Days on Market256

Property Features for 981 U.S 98

General Information

Standard status Active
Size 84,682 SF
Property subtype Retail Shopping Center
Listing Agency: Bellcore Commercial LLC
Listed By: Harry Bell Jr. · License #FL #BK3026917
Source: Bellcorecommercial
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Aug 4 at 5:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bellcore Commercial LLC

Investment Insights

Based on property information with market context.

Located in the heart of the Emerald Coast's primary retail corridor, this retail space offers up to approximately 1,400 square feet. The Winn Dixie-anchored shopping center benefits from excellent visibility and access on Highway 98, which sees over 60,000 vehicles per day. The property is positioned along Highway 98, the major thoroughfare in Destin, Florida, known for its white beaches and emerald blue waters. Destin attracts over 4 million visitors annually. The location is near Hurlburt and Eglin Air Force Base, shopping venues, beaches, and entertainment options. The co-tenant mix includes Winn Dixie, Kwench Juice, Island Wings, Another Broken Egg, UPS Store, Mimmo, Great Clips, a salon, and Workout Anytime. Destin is the third fastest-growing MSA in the U.S., with growth exceeding 22% since 2000.

Key Highlights

  • Located in Destin, the 3rd fastest growing MSA in the U.S.
  • High traffic location on Hwy 98 with over 60,000 vehicles per day.
  • Anchored by Winn Dixie with an excellent co‑tenant mix.

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,212
Businesses Nearby
556k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 46% Dining 12% Shops & Services 11% Leisure 6%
Bass Pro Shops Apparel
76,054 visits/mo 0.2 miles
Belk Apparel
37,560 visits/mo 0.3 miles
AMC Destin Commons 14 Leisure
34,379 visits/mo 0.2 miles
Whole Foods Market Groceries
31,994 visits/mo 0.2 miles
Best Buy Electronics
31,695 visits/mo 0.4 miles

Demographics for 32541, FL

18,419
Population
16,390
Households
1.1
Avg Household Size
45
Median Age
48%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
1,462
Density / Sq Mi
$93,004
Median Household Income
$47,991
Median Earnings
$1,976
Median Rent
$498,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Prime retail space in Destin's high-traffic retail corridor.
Where is this shopping center located?
The property is located at 981 U.S 98 Destin, FL.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Located in Destin, the 3rd fastest growing MSA in the U.S.; High traffic location on Hwy 98 with over 60,000 vehicles per day.; Anchored by Winn Dixie with an excellent co‑tenant mix.
More about this property
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