This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Island Palm Shoppes 16055 Emerald Coast Pky

2,000 - 2,200 SF of Retail Space Available in Destin, FL 32541

Highlights

  • Shadow anchored by high-performing Walmart Supercenter (3.5 million annual visits) in the heart of Destin, FL one of the fastest growing MSAs in USA.
  • More than 6700 vacation rental, hotel, and apartment units are located within 2 mi of the property, including new Tru by Hilton Hotel across the st.
  • Located at hard, signalized corner along Hwy 98 (55,000 vehicles per day).
  • Destin attracts more than 4.5 million annual visitors. Avg household incomes of $127,800 within a 2 mi radius.

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 2,000-2,200 SF
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application
  • Triple Net
16055 Highway 98 - 1st Floor
Space Use
Retail
Condition
Full Build-Out
Availability
90 Days

Restaurant space available for lease. Inquiries from non-restaurant or non-food/beverage uses will not be considered.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
Space Size Term Rent Service Type
1st Floor 2,000-2,200 SF Negotiable Upon Application Upon Application Upon Application Upon Application Triple Net

16055 Highway 98 - 1st Floor

Size
2,000-2,200 SF
Term
Negotiable
Rent
Upon Application Upon Application Upon Application Upon Application
Service Type
Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
90 Days

Restaurant space available for lease. Inquiries from non-restaurant or non-food/beverage uses will not be considered.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT Island Palm Shoppes

  • Tenant
  • Description
  • US Locations
  • Reach
  • Eyemart Express
  • Optical
  • 315
  • National
  • GameStop
  • Game Store
  • 4,213
  • International
  • Hertz
  • Auto Rental
  • 2,477
  • International
  • Palm Beach Tan
  • Tanning Salon
  • 859
  • National
  • Wingstop
  • Fast-food
  • 2,618
  • International
Tenant Description US Locations Reach
Eyemart Express Optical 315 National
GameStop Game Store 4,213 International
Hertz Auto Rental 2,477 International
Palm Beach Tan Tanning Salon 859 National
Wingstop Fast-food 2,618 International

PROPERTY FACTS FOR 16055 Emerald Coast Pky , Destin, FL 32541

Min. Divisible 2,000 SF
Centre Type Strip Center
Parking 119 Spaces
Stores 10
Centre Properties 1
Frontage
250 ft on Hwy 98 Emerald Coast Pkwy
  • 500 ft on Henderson Beach Rd.
Gross Leasable Area 25,814 SF
Total Land Area 1.38 AC
Year Built 2001

About the Property

Constructed in 2001, Island Palm Shoppes is conveniently located along Highway 98 (55,000 vehicles per day) in the heart of Destin, FL and is shadow-anchored by a top-performing Walmart Supercenter (3.5 million annual visits, Top ~2% nationally per Placer.ai).

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Signalised Intersection
  • Air Conditioning

Nearby Major Retailers

Regions Bank
Hancock Whitney Bank
Hooters
Crossfit
Ruth’s Chris Steak House
Joe's Crab Shack
Bubba Gump Shrimp Co.
Five Guys
Centennial Bank
9Round
  • Listing ID: 31142681

  • Date on Market: 15/12/2024

  • Last Updated:

  • Address: 16055 Emerald Coast Pky, Destin, FL 32541

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}