Panama City, FL Conventional restaurants for Rent & Lease

Updated: Feb 18

Restaurant-Oriented Retail Space

133 S Tyndall Parkway, Panama City, FL 32404

$24 SF/Yr

51,876 sqft

Unit 108 targeted for restaurant or bar use
Outdoor eating area beside the front entrance
Approximately 52,000 SF retail center
Targeted Spring 2027 opening
Adjacent to Beacon Pointe

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Updated: Oct 14

Former Captain D’s Restaurant

242 S Tyndall Pkwy, Panama City, FL 32404

Contact for pricing

2,847 sqft 0.46 AC lot

2,847 SF restaurant building on a 0.46‑acre site
Located on S Tyndall Parkway (US 98) in Panama City, Florida
Built in 1977
Available for sublease

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Panama City, FL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 6 Properties for Sales.

Conventional restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Freestanding Restaurant with Pick-Up Window

1708 Westgate Parkway, Dothan, AL 36303

Contact for pricing

6,700 sqft

Turn-key restaurant space built in 2019 with new bar.

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Eight-Site Restaurant Portfolio

19 Miracle Strip Parkway Southwest, Fort Walton Beach, FL 32548

Contact for pricing

Standalone restaurant properties across four states retain improvements for food-service operations or redevelopment.

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Okaloosa Island Restaurant/Bar Opportunity

1318 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

Contact for pricing

15,640 sqft 2.79 AC lot

15,640 SF restaurant/bar on 2.79 acres on Choctawhatchee Bay.

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Corner-Site Restaurant Property

2100 Ross Clark Cir, Dothan, AL 36301

Contact for pricing

2,725 sqft 1.01 AC lot

The former Wendy’s site sits at the south end of Ross Clark Circle, next to Flying J Travel Center.

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Similar Spaces for Sale in Panama City, FL

Consider Similar Space for Sale. We found 6 Spaces matching your search parameters.

Rooftop Restaurant Space

436 Harrison Avenue, Panama City, FL 32401

$1,100,000

26,400 sqft 0.15 AC lot

Elevated commercial space offers stair and elevator access, concrete construction, and utility connections for restaurant operations.

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Elevated Rooftop Restaurant Space

400-436 Harrison Ave, Panama City, FL 32401

$1,100,000

6,000 sqft

Poured-concrete construction, vertical access, and rooftop utility connections support a distinctive downtown dining concept.

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Rooftop Restaurant Development Opportunity

436 Harrison Ave Unit 400, Panama City, FL 32401

$1,100,000

26,400 sqft

Elevated commercial space with utility connections and access via two staircases and an elevator.

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Rooftop Restaurant Opportunity

436 Harrison Avenue, Panama City, FL 32401

$1,100,000

0.15 AC lot

Elevated commercial space offers utility connections, multiple access points, and potential for restaurant or bar development.

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Historic Conventional Restaurant

2117 E 3rd Street, Panama City, FL 32401

$350,000

1,918 sqft

Mixed-use zoning supports restaurant and bar operations with indoor seating and an outdoor gathering area.

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First-Floor Retail & Restaurant Condo

100-436 Harrison Ave, Panama City, FL 32401

$1,200,000

First-floor commercial condo in The Mashburn Building with retail and restaurant use, under construction in downtown Panama City.

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Panama City, FL Conventional restaurants Lease Rates & Market Statistics

Browse 2 Conventional restaurants for lease in Panama City, FL on Realmo, a commercial real estate marketplace serving the Panama City area. The current inventory totals 54,723 square feet of properties.

Conventional restaurants lease rates in Panama City range from $24 SF/Yr at the entry level to $24 SF/Yr at the top of the market, averaging $24 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $24 SF/Yr is 39% below the Florida state average of $39.37 SF/Yr.

Panama City accounts for 100% of the 2 conventional restaurants currently available across Bay County. Conventional restaurants are one of the more limited space types in Panama City, with just 2 listings currently available — a scarcity worth factoring into lease negotiations. Also worth a look for tenants weighing alternatives: Drive through restaurants (3 listings) elsewhere in the Panama City market.

Panama City, FL Conventional Restaurants for Lease

133 S Tyndall Parkway, Panama City, FL 32404

242 S Tyndall Pkwy, Panama City, FL 32404