Aha! You should be able set a street that you have never visited as a destination (though you should not be able to teleport there if you have never visited). We'll get that fixed.
@Chazerai - How frustrating. If you haven't already - try going to "Live Help" (at the top of the Friends On Line -above Global Chat). They are terrific at fixing things.
This issue is now fixed! Sorry for the disorientation.
As Stoot said, if you've visited a location and have the appropriate teleportation skill and tokens, you'll see the Teleport Here and Set as Destination buttons. If you have never visited a location (or don't have the teleportation skill), you'll only see the Set as Destination button.