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1309 Lewis Turner Blvd
Fort Walton Beach, FL 32547 Wright

$3,946,900 USD

Fast Food For Sale  •  2,500 SF

Property Details

• Property Type Fast Food
• Total Building Size 2,500 SF
• Lot Size 0.88 AC
• Building Class B
• Year Built 2025
• Cap Rate 5.65 %
• Tenancy Single

30 Transit Score

50 Walk Score

Highlights

Tenant is Starbucks Corporation, a publicly traded Washington corporation with an approximate $120 billion market capitalization.

Newly constructed, single-tenant 2,500 SF Starbucks developed to the tenant’s exact specifications and featuring a fully entitled drive-thru.

Strategically positioned at the signalized intersection of Lewis Turner Blvd and Green Acres Road/Beal Pkwy.

The Crestview-Fort Walton Beach- Destin MSA population reached approximately 309,000 residents as of January 2024.

The surrounding trade area is supported by a significant concentration of active-duty military personnel, civilian defense employees.

Florida’s favorable tax structure, including no state income tax, combined with landlord-friendly regulations and continued population in-migration.

Cap Rate:

5.65 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Starbucks	2,500 SF	4/30/2035

Public Transportation

Airport	Drive	Walk	Distance
Eglin AFB/Destin-Ft Walton Beach	25 min	-	9.8 mi
Pensacola International	78 min	-	46.1 mi