Current Use by Public Records
- Neighborhood centers
Property Details for 862 Us-98
- Year built
- 1985
- Property type
- Neighborhood centers
- Property subtype
- Retail properties & Spaces
Description
This exceptional 70,000 square foot retail strip center in Destin, Florida, presents a prime investment opportunity. Located at 862 US-98, this 6.03-acre property boasts high visibility and substantial traffic flow exceeding 51,000 vehicles daily. Built in 1985 and zoned commercial, the center currently has 3,300 square feet of available space, with individual units ranging from 1,008 to 3,372 square feet. The property benefits from its strategic location adjacent to major retailers such as Target and Winn-Dixie, ensuring consistent foot traffic. This thriving center is surrounded by a strong tenant mix including Walgreens, CVS, Jimmy Johns, The UPS Store, McDonald's, Krispy Kreme, West Marine, Jersey Mike's, Trulieve, Capriccio Cafe, and Bric à Brac Restaurant. The average household income in the area is $82,427, indicating a strong consumer base. Okaloosa County zoning ensures a versatile range of retail uses. This is an unparalleled opportunity to establish or expand your business in a high-demand location within a well-established and successful shopping center. The property's size, location, and existing tenant base make it an attractive proposition for businesses seeking high visibility and strong consumer traffic. Contact us today to learn more about the available spaces and lease terms.
Value Estimations
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Destin
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.4797
- Latitude
- 30.388
