Prime Retail Opportunity on Panama City Beach Parkway

11770 Panama City Beach Pkwy Panama City Beach, FL 32407

11770 Panama City Beach Pkwy, Panama City Beach, FL, 32407
11770 PCB Parkway | Mattress Now
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FOR SALE FOR LEASE
Property Type:
Free Standing Building
Amount:
$2,250,000
Last Verified:
Dec 30, 2024

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Highlights


Description

11770 Panama City Beach Parkway is a highly visible, freestanding retail property situated along the bustling Panama City Beach Parkway, the area’s premier commercial corridor. This property offers a unique opportunity for an owner-user or investor looking to secure a prominent position in one of the Gulf Coast’s most sought-after markets.

Property Highlights:

Freestanding Building: Featuring a large, open showroom ideal for retail, service-based businesses, or customizable commercial use.
Attractive Design: The stucco façade and expansive storefront windows create a modern and inviting aesthetic that maximizes natural light.
Unparalleled Accessibility: Full vehicle access from Panama City Beach Parkway via a dedicated turn lane, as well as secondary access from Alf Coleman Road.
High Traffic Counts: Benefit from exposure to approximately 54,000 +/- vehicles daily.
Strategic Location: Positioned in the heart of Panama City Beach, surrounded by established businesses, national retailers, and growing residential developments.
This property is ideal for a wide range of uses, including retail, showroom, or service operations. Whether you’re looking to expand your portfolio or establish a business in a high-growth area, 11770 Panama City Beach Parkway offers unmatched visibility and accessibility.

For more details, contact Kevin Wattenbarger, CCIM.
Kevin@kwa-cre.com
(850) 913-9133 [voice or text]

Act now to take advantage of this exceptional opportunity in Panama City Beach's thriving commercial market!

11770 Panama City Beach Parkway is a highly visible, freestanding retail building a large, open showroom. It has an attractive stucco façade with large storefront windows. The property enjoys a prominent position and excellent visibility along Panama City Beach Parkway, Panama City Beach's premier commercial corridor. Additionally, it is easily accessible from the turn lane on Panama City Beach Parkway in front of the property or from Alf Coleman Road, providing full and convenient vehicle access. Daily traffic counts are approximately 54,000 +/- vehicles per day. 2024 Estimated Operating Expenses (OpEx) $8.44/SF. For Additional information contact Kevin Wattenbarger, CCIM -kevin@kwa-cre.com or (850)913-9133 [voice or text].

11770 Panama City Beach Parkway is a highly visible, freestanding retail building a large, open showroom. It has an attractive stucco façade with large storefront windows. The property enjoys a prominent position and excellent visibility along Panama City Beach Parkway, Panama City Beach's premier commercial corridor. Additionally, it is easily accessible from the turn lane on Panama City Beach Parkway in front of the property, or from Alf Coleman Road, providing full and convenient vehicle access. Daily traffic counts are approximately 54,000 +/- vehicles per day.


Year Built: 2009
Building Size: 4074sq ft
Lot Size: 0.74 acres


Documents

For Sale Brochure 11770 Panama City Beach Parkway
Brochure (L)

Units for Lease

11770 Panama City Beach Parkway
Space Available: 4074 SF
Lease Type: NNN

Price Per Sqft/Year: $30.00


Map of 11770 Panama City Beach Pkwy, Panama City Beach, FL, 32407

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.