Fort Walton Beach, FL Commercial Real Estate for Lease and Sale

Explore 17 listings of Fort Walton Beach commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

Investment Safelite AutoGlass For Sale

123 Hollywood Blvd NE, Beal Parkway, Fort Walton Beach, FL
Property

Retail

6,334 SF
Year Built

2006
For Sale

$2,901,000
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Beltway Shopping Center

109 Racetrack Rd NE, Ocean City, Fort Walton Beach, FL
Property

Retail

62,504 SF
Availability

1 Space

11,540 SF
For Lease

$10.50/SF/YR
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Office/ Showroom/ Service Center

2 Racetrack Rd NE, Ocean City, Fort Walton Beach, FL
Property

Office

9,760 SF
Availability

1 Space

9,760 SF
Year Built

1983
For Lease

$10.50/SF/YR
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Commercial Sublease Opportunity in Fort Walton Beach

800 Falcon Pl, Ocean City, Fort Walton Beach, FL
Property

Retail

4,701 SF
Availability

1 Space

4,701 SF
Year Built

1977
For Lease

$12.27/SF/YR
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355 Beal Pkwy

355 Beal Pkwy NW, South Bayou, Fort Walton Beach, FL
Property

Office

3,271 SF
Availability

1 Space

3,271 SF
Year Built

1972
For Lease

$20.00/SF/YR
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Paradise Village Business Park

348 Miracle Strip Pkwy SW, Seabreeze, Fort Walton Beach, FL
Property

Office

11,093 SF
Availability

1 Space

2,000 SF
Year Built

1989
For Lease

$15.00/SF/YR
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Beachworx - Fort Walton Beach
The Worx
105 Lewis Street Suite 103, Fort Walton Beach, FL
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
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Investment NNN Leased Office Building

30 Ferry Rd SE , Elliott's Point, Fort Walton Beach, FL
Property

Office

2,208 SF
Year Built

2007
For Sale

$670,000
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Restaurant Space Available For Lease in Ft. Walton Beach, FL

258 Eglin Pkwy NE, Ocean City, Fort Walton Beach, FL
Property

Retail

5,554 SF
Availability

1 Space

4,814 SF
Year Built

1950
For Lease

$19.74/SF/YR
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Uptown Station - 99 Eglin Pkwy, Ft. Walton Beach, FL

99 Eglin Parkway, Ferry Park, Fort Walton Beach, FL
Property

Retail

300,000 SF
Availability

9 Spaces

29,018 SF
For Lease

$12.00 - $29.50/SF/YR
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Office Space Available

28 Ferry Rd SE , Elliott's Point, Fort Walton Beach, FL
Property

Office

3,825 SF
Availability

1 Space

3,825 SF
Year Built

1989
For Lease

$22.00/SF/YR
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1992 Lewis Turner Boulevard
Workspace Suites
1992 Lewis Turner Boulevard, Fort Walton Beach, FL
Services

Meeting Room

Private Office
Amenities

Cleaning services

High-speed wifi

Receptionist/Secretarial services

Utilities included
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Fort Walton Beach

203 & 207 Truman Street, Ocean City, Fort Walton Beach, FL
Property

Industrial

8,424 SF
For Sale

$740,000
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Fort Walton Beach

213 & 215 Truman Street, Ocean City, Fort Walton Beach, FL
Property

Industrial

14,232 SF
For Sale

$995,000
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220 Eglin Parkway NE

220 Eglin Parkway NE, Garniers Beach, Fort Walton Beach, FL
Property

Retail

8,450 SF
Availability

1 Space

8,450 SF
For Lease

$10.00/SF/YR
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Shoppes at Paradise Pointe

251 Miracle Strip Pkwy SE, East Miracle Strip, Fort Walton Beach, FL
Property

Retail

83,936 SF
Availability

5 Spaces

8,779 SF
Year Built

1987
For Lease Contact for pricing
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116 Perry Ave SE

116 Perry Ave SE, Elliott's Point, Fort Walton Beach, FL
Property

Retail

21,126 SF
For Sale

$2,000,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Fort Walton Beach commercial real estate market incorporates 30,157 square feet of office space across 5 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Fort Walton Beach commercial real estate market includes 497,640 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Fort Walton Beach market, there is a total of 22,656 square feet of industrial property.

The listing inventory in Fort Walton Beach incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Fort Walton Beach is represented by Retail space, which accounts for 67,302 square feet of available listings. Office space available in Fort Walton Beach adds up to 18,856 square feet.

Meanwhile, most of the listings of commercial property for sale in Fort Walton Beach are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Fort Walton Beach is $13.27 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Fort Walton Beach can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Fort Walton Beach, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Fort Walton Beach is in the Ferry Park neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the South Bayou area.

Meanwhile, retail space opportunities are most abundant in the Ferry Park submarket.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $18.5 per square foot. In particular, the property type commanding the highest lease rates in Fort Walton Beach was Retail space.

Conversely, the highest sale price last year was $1,685,000 that is located at 546 Mary Esther Cutoff NW.

The average size of a commercial property in Fort Walton Beach depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Fort Walton Beach, the average size of an office property is 6,032 square feet.
Retail properties here incorporate an average of 55,294 square feet.
Industrial space in Fort Walton Beach is in buildings that are, on average 11,328 square feet in size.

Fort Walton Beach, FL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Fort Walton Beach currently add up to 86,158 square feet. The market offers 4 active office listing(s), which amount to 18,856 square feet and account for 40% of commercial spaces on the market. Local retail availability includes 67,302 square feet across 6 retail space(s).

Property Type	Count of Listings	Total SF
Office	4	18,856
Retail	6	67,302

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Fort Walton Beach, FL. Currently, there is 57,359 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 3 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	2,208
Retail	3	32,495
Industrial	2	22,656

Fort Walton Beach, FL Commercial Real Estate for Lease and Sale

Investment Safelite AutoGlass For Sale

Beltway Shopping Center

Office/ Showroom/ Service Center

Commercial Sublease Opportunity in Fort Walton Beach

355 Beal Pkwy

Paradise Village Business Park

Beachworx - Fort Walton Beach

Investment NNN Leased Office Building

Restaurant Space Available For Lease in Ft. Walton Beach, FL

Uptown Station - 99 Eglin Pkwy, Ft. Walton Beach, FL

Office Space Available

1992 Lewis Turner Boulevard