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    Panama City, FL Drive Through Restaurants for Sale

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    Absolute NNN Drive-Through Coffee Property
    Updated: Dec 5, 2025
    Absolute NNN Drive-Through Coffee Property

    2399 Martin Luther King Jr Blvd, Panama City, FL 32405

    Contact for pricing
    950 sqft
    950‑square‑foot drive‑through coffee property
    Brand‑new 15‑year absolute NNN lease
    Dutch Bros identified as the incoming operator
    Opening scheduled for November 2025
    Lease includes 10% bumps
    View details
    NNN KFC with Drive-Up Window
    Updated: Apr 10
    NNN KFC with Drive-Up Window

    427 S. Tyndall Parkway, Panama City, FL 32404

    Contact for pricing
    3,330 SF single‑tenant KFC on a 0.69‑acre parcel in fee simple absolute net lease.
    15‑year absolute net (NNN) lease with no landlord responsibilities.
    10% rent increases every five years, including during the four five‑year option periods.
    Full‑service drive‑up window with direct exposure to S. Tyndall Parkway (30,500+ vehicles/day traffic count).
    Market area includes 54,208 full‑time residences with household income over $52,362 annually.
    View details
    See what stands out in Bay County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 62 Potential Opportunities for your consideration. Besides 2 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 55 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Prime Commercial Building For Sale
    Prime Commercial Building For Sale

    50 Eglin Pkwy, Fort Walton Beach, FL 32548

    $1,300,000
    2,776 sqft 0.68 AC lot

    2,776 SF building on 0.68 acres near Gulf.

    View details
    Dothan Restaurant Site For Sale
    Dothan Restaurant Site For Sale

    3421 Ross Clark Cir, Dothan, AL

    Contact for pricing
    5,256 sqft 1.89 AC lot

    Restaurant site on Ross Clark Circle, Dothan, Alabama.

    View details
    Dothan Double-Drive Thru Retail
    Dothan Double-Drive Thru Retail

    301 Haven Dr, Dothan, AL 36301

    Contact for pricing
    1,570 sqft

    Retail property with double drive-thrus near Southeast Health.

    View details
    Drive-Through Restaurant Investment
    Drive-Through Restaurant Investment

    1305 Lewis Turner Boulevard, Fort Walton Beach, FL 32547

    Contact for pricing
    2,500 sqft

    Newly constructed, purpose-built drive-thru Starbucks with a direct Starbucks lease.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Highway Commercial Land
    Highway Commercial Land

    Highway 231, Panama City, FL 32404

    $200,000
    1.35 AC lot

    C-3 zoning supports retail, office, hospitality, and service uses.

    View details

    Off-Market Properties in Panama City, FL

    Consider similar Off-Market properties in Panama City, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3407 Hwy 98
    DRIVE-THRU RESTAURANT, FAST FOOD

    3407 Hwy 98, Panama City, FL 32401-1257

    $900,000
    Estimated value
    7,525 sqft 1.61 AC lot
    View details
    2399 Martin Luther King Jr Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2399 Martin Luther King Jr Blvd, Panama City, FL 32405

    $1,220,000
    Estimated value
    3,461 sqft 0.70 AC lot
    View details
    465 23rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    465 23rd St, Panama City, FL 32405-4507

    $315,000
    Estimated value
    2,434 sqft 0.77 AC lot
    View details
    1020 23rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1020 23rd St, Panama City, FL 32405-5329

    $1,620,000
    Estimated value
    3,246 sqft 1.35 AC lot
    View details
    3439 Hwy 77
    DRIVE-THRU RESTAURANT, FAST FOOD

    3439 Hwy 77, Panama City, FL 32405-5009

    $915,000
    Estimated value
    2,806 sqft 0.85 AC lot
    View details
    1111 15th St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1111 15th St, Panama City, FL 32401-2081

    $640,000
    Estimated value
    1,336 sqft 0.37 AC lot
    View details
    518 Tyndall Pkwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    518 Tyndall Pkwy, Panama City, FL 32404-6127

    $340,000
    Estimated value
    3,443 sqft 2.09 AC lot
    View details
    131 23rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    131 23rd St, Panama City, FL 32405-4504

    $300,000
    Estimated value
    2,177 sqft 0.59 AC lot
    View details
    1200 23rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1200 23rd St, Panama City, FL 32405-3609

    $1,110,000
    Estimated value
    2,620 sqft 0.57 AC lot
    View details
    2263 Martin Luther King Jr Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2263 Martin Luther King Jr Blvd, Panama City, FL 32405-5320

    $1,540,000
    Estimated value
    5,152 sqft 1.11 AC lot
    View details
    226 23rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    226 23rd St, Panama City, FL 32405-4505

    $485,000
    Estimated value
    2,335 sqft 0.68 AC lot
    View details
    300 23rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    300 23rd St, Panama City, FL 32405-4506

    $3,015,000
    Estimated value
    2,978 sqft 0.90 AC lot
    View details
    141 Tyndall Pkwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    141 Tyndall Pkwy, Panama City, FL 32404-6722

    $320,000
    Estimated value
    3,487 sqft 0.64 AC lot
    View details
    908 23rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    908 23rd St, Panama City, FL 32405-5328

    $250,000
    Estimated value
    4,168 sqft 0.94 AC lot
    View details
    2275 Martin Luther King Jr Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2275 Martin Luther King Jr Blvd, Panama City, FL 32405-5320

    $460,000
    Estimated value
    6,784 sqft 0.91 AC lot
    View details
    4129 Cherry St
    DRIVE-THRU RESTAURANT, FAST FOOD

    4129 Cherry St, Panama City, FL 32404-6662

    $240,000
    Estimated value
    2,880 sqft 0.56 AC lot
    View details
    2808 23rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2808 23rd St, Panama City, FL 32405-2353

    $215,000
    Estimated value
    1,950 sqft 0.32 AC lot
    View details
    720 Tyndall Pkwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    720 Tyndall Pkwy, Panama City, FL 32404-3218

    $390,000
    Estimated value
    3,972 sqft 0.99 AC lot
    View details
    499 Bch Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    499 Bch Dr, Panama City, FL 32401-2717

    $270,000
    Estimated value
    1,581 sqft 0.35 AC lot
    View details
    4239 Hwy 231
    DRIVE-THRU RESTAURANT, FAST FOOD

    4239 Hwy 231, Panama City, FL 32404-9749

    $295,000
    Estimated value
    5,546 sqft 1.30 AC lot
    View details
    3706 Hwy 98
    DRIVE-THRU RESTAURANT, FAST FOOD

    3706 Hwy 98, Panama City, FL 32401-1163

    $285,000
    Estimated value
    1,788 sqft 1.20 AC lot
    View details
    5805 Hwy 231
    DRIVE-THRU RESTAURANT, FAST FOOD

    5805 Hwy 231, Panama City, FL 32404-9162

    $250,000
    Estimated value
    1,513 sqft 0.80 AC lot
    View details

    Panama City, FL Drive Through Restaurants Market Trends and Statistics

    Explore 57 drive through restaurants for sale in Panama City, FL on our real estate platform. These investment opportunities span a total of 950 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 11
    Bars & Pubs 10
    Drive through restaurants 4
    Coffee shops 3
    Breakfast & diners 1

    Demographics Overview

    Population 154K
    Population Growth (5Y) +1,132.7%
    Median Household Income $71,237
    College Educated 29.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.42%
    Property Tax per SF $28.37 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bay County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Bay County

    Retail

    Residential Income

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    Most Searched ZIP Codes in Panama City, FL

    • 32404
    • 32405

    Featured Panama City Real Estate Agencies

    Realmo connects you with licensed Panama City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Full Sail Realty of Northwest Florida
    1514 W. 23rd St, Suite B Panama City, FL 32405
    Phone: 18508194961
    FullSailNWFL.com

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