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Destin, FL NNN Properties for Sale

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Starbucks NNN Lease Investment Opportunity
Updated: Aug 13, 2025
Starbucks NNN Lease Investment Opportunity

100 S Mattie M Kelly Blvd, Destin, FL

Contact for pricing
2,500 sqft 1.77 AC lot
Corporate lease with Starbucks Corporation as tenant.
Brand new 10 year lease term, opened 2023.
Located on the corner intersection of US Hwy 98 & Mattie M Kelly Blvd.
10% Rent Increase in year 5.
Six 5‑Yr. Options with 10% increase in each option period.
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See what stands out in Okaloosa County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Destin, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant NNN Warehouse
Single-Tenant NNN Warehouse

3381 Bill Metzger Ln, Pensacola, FL 32514

$3,885,000
15,200 sqft 2.00 AC lot

Renovated industrial facility leased under an NNN structure with scheduled rent increases and multiple renewal options.

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Fort Walton Beach Office Building
Fort Walton Beach Office Building

30 Ferry Rd SE, Fort Walton Beach, FL 32548

$670,000
2,208 sqft

NNN leased office building in Fort Walton Beach, Florida.

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NNN Leased Investment Property
NNN Leased Investment Property

123 Hollywood Blvd NE, Fort Walton Beach, FL 32548

$2,536,500
0.58 AC lot

NNN leased investment property with a strong tenant and location.

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Leased Dental and Orthodontic Facility
Leased Dental and Orthodontic Facility

3201 Olive Rd, Pensacola, FL 32514

$1,753,846

Absolute NNN leased dental and orthodontic facility occupied by Smart Smiles and Wild Smiles.

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Destin, FL Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Destin, FL on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale.

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Demographics Overview

Population 27K
Population Growth (5Y) -2.5%
Median Household Income $94,001
College Educated 46.2%

Taxes & Financing

Tax Rate (average for all types) 1.08%
Property Tax per SF $12.52 per SF
Tax Rate vs County Average 0.16 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Okaloosa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Okaloosa County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Destin fall within the 10,000 to 25,000 square foot range.

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