34881 Emerald Coast Pky
Destin, FL 32541
AAP & SBUX | 54,000 AADT | Hard Corner · Retail Property For Sale

The Starbucks & Advanced Auto Parts is strategically located at the signalized hard corner of U.S. Highway 98 and Matthew Boulevard, with excellent visibility and access to over 54,000 vehicles per day. U.S. Highway 98 serves as the main route along Florida’s Emerald Coast and connects Destin to downtown Pensacola. Located in a dense retail corridor, the property is surrounded by major national retailers and large shopping centers. The property is adjacent to Paradise Key at Kelly Plantation, which features Ross, Stein Mart, Publix, Bed Bath & Beyond, and several other notable tenants. The property is also located within walking distance of Destin Commons, a premier open-air lifestyle center tenanted by Bass Pro Shops, Belk, H&M, Charming Charlie, Express, AMC Theaters, and more. Other notable tenants near the property include Home Depot, Walmart Supercenter, Lowe’s, Barnes & Noble, Best Buy, PetSmart, Office Depot, Ulta, The Fresh Market, and many others. The Starbucks & Advanced Auto Parts is close to downtown Destin and popular tourist attractions and recreational areas, including several golf courses and Henderson Beach State Park. Residential communities in the nearby area have grown significantly in recent years; the population within one mile of the property increased by 62.33% between 2010 and 2017. By 2022, the population around the property is expected to increase an additional 12%. Several residential developments are underway near the property, including the next phase of The Henderson, a multi-phase resort complex with residential lofts and two hotels. Additionally, the property benefits from a wealthy customer base, with average household incomes greatly exceeding $100,000 within one-, three-, and five-mile radii.