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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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Drug Store Ground Lease with Drive-Through
Updated: Apr 11
Drug Store Ground Lease with Drive-Through

977 US-98, Destin, FL 32541

Contact for pricing
Absolute NNN leasehold: 12 years remaining and the tenant operates under an absolute NNN structure.
Lease features 5% rent increases every 5 years during the original term and renewal options (if exercised).
Includes a critical drive‑through lane to support customer service in vehicles.
Ground lease applies to the leasehold interest; details referenced in the Offering Highlights.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

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

$2,676,797
0.58 AC lot

NNN leased investment property with a strong tenant and location.

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Dollar General Retail Building
Dollar General Retail Building

9576 Navarre Pkwy, Navarre, FL 32566

$713,514

Built-to-suit 2003 retail building on 1.21 acres with 36 parking spaces under an NN lease structure.

View details
Navarre Parkway Retail Investment Opportunity
Navarre Parkway Retail Investment Opportunity

6863 Navarre Pkwy, Navarre, FL

Contact for pricing
5,626 sqft 0.71 AC lot

Retail property with long-term lease and high visibility.

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Destin, FL Nnn Properties Market Trends and Statistics

Explore 2 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%

High-Yield Neighborhoods for Investment

Identify Destin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32541 $810K

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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