FL > Panama City Beach > No Named Subdivision
Panama City Beach, FL 32407,10071 Hutchison BLVD
Panama City Beach, FL 32407,10071 Hutchison BLVD
Panama City Beach, FL 32407,10071 Hutchison BLVD
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Alissa Childree

Alissa Childree

+1(251) 975-8192
$2,400,000
Est. payment /mo
1,393 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision No Named Subdivision

MLS Listing ID 772130

HOA Y/N No

Year Built 1999

Lot Size 1393.000 Acres

Acres 1393.0

Property Sub-Type Retail

Property Description

This offering presents a rare opportunity to acquire a net-leased restaurant property located at a signalized hard corner in Panama City Beach, Florida. The 5,135 SF freestanding building--formerly operated as Applebee's--is currently dark, but the tenant,, continues to pay rent under a corporate-backed lease with term remaining through May 31, 2031.The lease is absolute NNN, with the tenant responsible for taxes, insurance, and maintenance. The property is located at the southeast corner of Hutchison Boulevard and Churchwell Drive, featuring full access via a traffic signal and exceptional visibility. With 95 total parking spaces (18.5 per 1,000 SF), the site offers excellent fundamentals for continued investment income or future repositioning.

Location

State FL

County Bay

Area 03 - Bay County - Beach

Interior

Fireplace No

Building

Entry Level One

Level or Stories One

Schools

Elementary Schools Hutchison Beach

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 34881-112-000

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Listed by Five Bridges Real Estate Services Co. LLC

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agent

Alissa Childree

+1(251) 975-8192

Agent | License ID: 3508920

Agent License ID: 3508920

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