326 Miracle Strip Pky SW
Fort Walton Beach, FL 32548
Red Lobster · Retail Property For Sale

This Red Lobster property is located at 326 Miracle Strip Parkway SW in Fort Walton Beach, Florida. Fort Walton Beach is located on the northwest coast of Florida in Okaloosa County. Fort Walton Beach is a year round fishing, golf, and beach resort community. During the spring and summer months, thousands of people flock to the area, known as the Emerald Coast. Surrounding Retail and Points of Interest The property is located along Miracle Strip Parkway, surrounding by multiple major national and regional tenants. Major national retailers in the surrounding area include Target, CVS, Dollar Tree, Dollar General, Burger King, McDonald’s, Sonic, Longhorn Steakhouse, Wendy’s, Taco Bell, AT&T, Wells Fargo, Hyundai, UPS, Chevrolet, Volkswagen, Subaru, U-Haul, Days Inn, Comfort Inn, Pizza Hut, Olive Garden, Nissan, Honda, Acura, Super 8, Kia, Shell, as well as many others. Fort Walton Beach High School is located less than one mile away and has over 1,935 students enrolled. Additionally, Santa Rosa Mall, an enclosed shopping mall anchored by Dillard’s, JCPenney, and Sears, is located approximately two miles away and features more than 104 stores. Across the water on Okaloosa Island are various hospitality establishments and beachside condominiums such as Wyndham Garden, Fairfield Inn and Suites, The Breakers, Best Western, Sandy Pointe, Hampton Inn, Four Points by Sheraton, Holiday Inn Resort, as well as many others. Traffic Counts and Demographics Fort Walton Beach has over 44,798 individuals within a three-mile radius and more than 70,680 individuals within a five-mile radius. Miracle Strip Parkway experiences average traffic counts of more than 34,600 vehicles per day. Fort Walton Beach, Florida The economy of Fort Walton Beach is driven by two primary factors: tourism and military. There are two major air force bases which border Fort Walton Beach. Hurlburt Field is home to the headquarters of the Air Force Special Operations Command, the 1st Special Operations Wing, and the Joint Special Operations University. The other base, Englin Air Force Base, is one of the largest bases in the country and is where the air force performs their missile and bombing exercises. Additionally, these bases are the two top employers for this area with Englin atop this list with almost 16,500 employees and Hurlburt with over 11,100 employees. The other major economic producing sector in Fort Walton Beach is tourism, which accounts for hundreds of millions of additional revenue for this region every year.