Net-Leased Restaurant Property in
10071 Hutchison Blvd, Panama City Beach, FL 32407
Net-leased restaurant property with corporate-backed lease through May 2031.
Type:Retail
Property size:
5,135 SFPrice / SF:
$467/SF- Added:
- Mar 6, 2026
- Days on Market:
- 73
- Last Refresh:
- Apr 5 at 11:55 pm
Property Features for 10071 Hutchison Blvd
General Information
- Standard status
- Active
- Size
- 5,135 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1999
Listing agent Michael Carro, CCIM License #FL #BK3179263 (850) 434-7500
Listing office SVN | Southland Commercial Real Estate (850) 434-7500
Listing date Mar 6, 2026
Source Southlandcommercial
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SVN | Southland Commercial Real Estate
HighLights
- Net‑leased restaurant property with corporate‑backed lease through May 31, 2031, providing stable income.
- Current annual rent of $236,083.20.
- Located at a signalized hard corner with strong visibility in a high‑traffic commercial zone.
- Freestanding 5,135 SF building formerly operated as Applebee's, with existing restaurant infrastructure.
- Located in a high‑traffic corridor near Walmart, Publix, and other national retailers.
- +- 95 total parking spaces (18.5 per 1,000 SF).
Overview
This offering is a net-leased restaurant property situated at a signalized hard corner in Panama City Beach, Florida. The freestanding building, with a size of 5,135 square feet, was formerly operated as an Applebee's. The tenant, Neighborhood Restaurant Partners Florida Two, LLC, continues to pay rent under a corporate-backed lease with term remaining through May 31, 2031. The property is located at 10071 Hutchison Blvd on the southeast corner of Hutchison Blvd and Churchwell Drive, benefiting from signalized intersection access and strong visibility from all directions. Hutchison Blvd serves as a key east-west connector between Front Beach and Middle Beach Roads. The site is surrounded by national retailers, attractions, and resorts in one of Panama City Beach’s most trafficked commercial zones. The former Applebee's building has existing restaurant infrastructure and approximately 95 total parking spaces, which is 18.5 spaces per 1,000 square feet. The property is located in a high-traffic corridor near Walmart, Publix and other national retailers. The current annual rent is $236,083.20 through the lease expiration on May 31, 2031.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar Places Nearby
- The Wharf Buffet — 9902 S Thomas Dr, Panama City Beach, FL 32408
- Captain Jacks — Panama City Beach, FL 32407
- Jin Jin Super King — 9802 Front Beach Rd, Panama City Beach, FL 32407
- All American Diner — 10590 Front Beach Rd, Panama City Beach, FL 32407
Location Insight
- Map
- Local Demand
- City
- Panama City Beach
- County
- Bay
- State
- Florida
- Longitude
- -85.8083594
- Latitude
- 30.1834198
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Net-leased restaurant property with corporate-backed lease through May 2031.
Where is this conventional restaurant located?
The property is located at 10071 Hutchison Blvd Panama City Beach, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Net‑leased restaurant property with corporate‑backed lease through May 31, 2031, providing stable income.; Current annual rent of $236,083.20.; Located at a **signalized hard corner with strong visibility** in a high‑traffic commercial zone.
