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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$2,400,000
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1.39 Acres Lot
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10071 Hutchison BLVD Panama City Beach, FL 32407

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Randall Fisher

Randall Fisher

+1(850) 249-2050

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

Subdivision No Named Subdivision

MLS Listing ID 772130

HOA Y/N No

Year Built 1999

Lot Size 1.390 Acres

Acres 1.39

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

Listed by Five Bridges Real Estate Services Co. LLC

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Randall Fisher

Randall Fisher

Broker | BDBK644509

+1(850) 249-2050

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10071 Hutchison BLVD

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