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

Explore 29 listings of Fort Walton Beach commercial real estate to find the best space for your business.

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

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

Retail

300,000 SF
Availability

8 Spaces

26,735 SF
For Lease

$12.00 - $29.50/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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Suite D, +/- 6,000 SF Retail Space For Lease

401 Mary Esther Blvd, Mary Esther, FL
Property

Retail

6,000 SF
Availability

1 Space

6,000 SF
Year Built

1998
For Lease

$18.00/SF/YR
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624 Lovejoy Road Northwest

624 Lovejoy Road Northwest, W. E. Combs, Fort Walton Beach, FL
Property

Industrial

4,800 SF
Availability

1 Space

4,800 SF
For Lease

$13.50/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
919 Skipper Ave

919 Skipper Ave, Ocean City, Fort Walton Beach, FL
Property

Industrial

18,468 SF
Availability

1 Space

5,040 SF
Year Built

1973
For Lease

$8.50/SF/YR
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Hanger Clinic

28 Perry Avenue Southeast, Elliott's Point, Fort Walton Beach, FL
Property

Office

3,432 SF
Year Built

1986
For Sale

$725,000
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Blake Warehouse Park

155 Blake Ave , W. E. Combs, Fort Walton Beach, FL
Property

Industrial

19,500 SF
Availability

1 Space

9,750 SF
Year Built

2025
For Lease Contact for pricing
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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

$20.00/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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Industrial Park Investment Opportunity

50 Hill Avenue , W. E. Combs, Fort Walton Beach, FL
Property

Industrial

8,409 SF
For Sale

$1,150,000
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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
Amenities

Business address
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45 Eglin Pkwy NE

45 Eglin Pkwy NE, Ferry Park, Fort Walton Beach, FL
Property

Office

27,597 SF
Availability

1 Space

3,188 SF
Year Built

2009
For Lease Contact for pricing
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Commercial Investment Property For Sale

20 Ready Ave NW, W. E. Combs, Fort Walton Beach, FL
Property

Retail

35,594 SF
Year Built

1990
For Sale

$1,950,000
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Full Access Restaurant Space For Lease

110 Eglin Parkway , Beal Parkway, Fort Walton Beach, FL
Property

Retail

3,048 SF
Availability

1 Space

3,048 SF
Year Built

1970
For Lease

$95,000.00/YR
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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

1,540 SF
Year Built

1970
For Lease

$15.00/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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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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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

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

Industrial

14,232 SF
For Sale

$845,000
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20,000 Square Foot First Class Industrial Space For Lease

706 Anchors Street , W. E. Combs, Fort Walton Beach, FL
Property

Industrial

20,000 SF
Availability

1 Space

20,000 SF
Year Built

1985
For Lease

$12.00/SF/YR
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Former Bank of Ft Walton Beach

198 Eglin Pkwy NE, Cinco Bayou, Fort Walton Beach, FL
Property

Office

13,895 SF
Year Built

1976
For Sale

$3,400,000
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Independent Flooring

431 Racetrack Road Northwest, Wright, Fort Walton Beach, FL
Property

Office

5,670 SF
Availability

1 Space

5,670 SF
For Lease

$12.00/SF/YR
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20,000 Square Foot First Class Industrial Space For Lease

706 Anchors Street , W. E. Combs, Fort Walton Beach, FL
Property

Industrial

20,000 SF
Year Built

1985
For Sale

$2,400,000
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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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Fort Walton Beach Class A Office

1046 Mar Walt , Wright, Fort Walton Beach, FL
Property

Office

25,120 SF
Availability

3 Spaces

15,700 SF
Year Built

2022
For Lease

$26.00/SF/YR
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Fort Walton Beach Class A Office

1046 Mar Walt , Wright, Fort Walton Beach, FL
Property

Office

25,120 SF
Year Built

2022
For Sale

$7,600,000
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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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403 Hollywood Blvd NW

403 Hollywood Blvd NW, Oakland, Fort Walton Beach, FL
Property

Office

14,584 SF
Availability

3 Spaces

5,189 SF
Year Built

2009
For Lease

$18.00 - $19.00/SF/YR
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Longhorn Plaza

550 Mary Esther Cut Off NW, Oakland, Fort Walton Beach, FL
Property

Retail

3,360 SF
Availability

2 Spaces

3,360 SF
For Lease Contact for pricing
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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 142,304 square feet of office space across 11 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. In Fort Walton Beach, the coworking segment of the commercial real estate market incorporates about 1,080 square feet.
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 520,269 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 105,409 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 54,163 square feet of available listings. Office space available in Fort Walton Beach adds up to 45,332 square feet.

Meanwhile, most of the listings of commercial property for sale in Fort Walton Beach are in the Office 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 $15.82 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 Oakland area.

Meanwhile, retail space opportunities are most abundant in the Ferry Park submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in W. E. Combs.

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 $23 per square foot. In particular, the property type commanding the highest lease rates in Fort Walton Beach was Office 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 12,937 square feet.
Retail properties here incorporate an average of 57,808 square feet.
Industrial space in Fort Walton Beach is in buildings that are, on average 15,059 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 139,085 square feet. The market offers 7 active office listing(s), which amount to 45,332 square feet and account for 38% of commercial spaces on the market. Local retail availability includes 54,163 square feet across 7 retail space(s). Industrial space for rent opportunities in Fort Walton Beach amount to 39,590 square feet across a total of 4 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	7	45,332
Retail	7	54,163
Industrial	4	39,590

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 166,440 square feet of commercial property for sale here , which includes 4 office building(s) for sale , 2 retail investment opportunity listing(s) , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	4	44,655
Retail	2	56,720
Industrial	5	65,065

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

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Fort Walton Beach, FL?

What factors affect the price of commercial real estate in Fort Walton Beach, FL?

What is the average rent for commercial space in Fort Walton Beach, FL?

What are the best areas for commercial real estate in Fort Walton Beach, FL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Fort Walton Beach, FL?

Fort Walton Beach, FL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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