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985 Highway 98 E
Destin, FL 32541
Palms Station · Property For Lease
Highlights
- High traffic area - 53,500 vehicles per day along Hwy 98; Shadow anchored by Winn-Dixie, Target, Walgreens, Hobby Lobby.
- New 282 unit luxury apartment complex located to the north and 66 townhomes are planned right next to the property.
- Hi Density submarket of 7500 condo, vacation rental and hotel units located within a 2 mile radius of Palms Station.
- Destin attracts 4.5 million annual visitors; population with 5 mi radius of property has grown 20% since 2010; average household incomes of $125,000.
Property Facts
| Property Type | Retail | Year Built | 2003 |
| Property Subtype | Restaurant | Parking Ratio | 5.28/1,000 SF |
| Gross Leasable Area | 21,787 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 21,787 SF |
| Year Built | 2003 |
| Parking Ratio | 5.28/1,000 SF |
About the Property
Located on busy Highway 98 in Destin, FL Lots of pedestrian and vehicle traffic. Fully built out as a restaurant of Cafe Space; highly desirable End Cap space; 60 feet of direct Hwy 98 frontage and 90 feet of west-facing frontage (Winn-Dixie entry), with opportunity for prominent exterior signage on both elevations of the building. 1800 sq. feet of outdoor sidewalk seating available. Advertising available on property's 14 foot by 10 foot LED video sign along Hwy 98. **Please call Broker for showings - Do not disturb tenant.
- Dedicated Turn Lane
- Signage
- Air Conditioning
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