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Freestanding Retail Building on Parkway
For Lease
$30 SF/Yr
Pending

11770 Panama City Beach Parkway, Panama City Beach, FL 32407

Highly visible retail building with large showroom on Panama City Beach.

Space SizeContact for details
Days on Market314

Property Features for 11770 Panama City Beach Parkway

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 2009
Listing Agency: FIVE BRIDGES REAL ESTATE SERVICES CO. LLC
Listed By: KEVIN WATTENBARGER · License ##BK3424407
Source: Corcoran
Added: Oct 1, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:44PM

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 FIVE BRIDGES REAL ESTATE SERVICES CO. LLC

Investment Insights

Based on property information with market context.

The property at 11770 Panama City Beach Parkway is a freestanding retail building featuring a large, open showroom. The building has an attractive stucco façade complemented by large storefront windows. Situated along Panama City Beach Parkway, a primary commercial corridor in Panama City Beach, the property benefits from a prominent position and excellent visibility. Accessibility is enhanced by a turn lane on Panama City Beach Parkway and access from Alf Coleman Road, facilitating convenient vehicle entry. The location experiences daily traffic counts of approximately 54,000 vehicles. The property size is 4074 square feet. The estimated operating expenses for 2024 are $8.44 per square foot.

Key Highlights

  • Highly visible, freestanding retail building on Panama City Beach Parkway.
  • Large, open showroom space.
  • Excellent accessibility from Panama City Beach Parkway and Alf Coleman Road.

Property Analytics

Current Use

Showrooms

Suggested Use

Top Pick Auto Parts Store HVAC Service Auto Repair Shop Big Box & Wholesale Store Plumbing Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

565
Businesses Nearby
178k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 46% Home Improvements & Furnishings 30% Shops & Services 16% Groceries 7%
Chick-fil-A Dining
30,354 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
27,240 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
26,744 visits/mo 0.4 miles
Whataburger Dining
21,859 visits/mo 0.1 miles
Culver's Dining
20,886 visits/mo 0.4 miles

Demographics for 32407, FL

14,366
Population
12,163
Households
1.2
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
964
Density / Sq Mi
$79,052
Median Household Income
$44,027
Median Earnings
$1,792
Median Rent
$403,500
Median Home Value

Market

Lease Benchmarks for Panama City Beach, FL

$16 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
66,381 SF
Avg Space Size

This space is priced 88% above the average of $16 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Lowe's Home Improvement 11751 Panama City Beach Pkwy, Panama City Beach, FL 32407

Frequently Asked Questions

What type of property is this?
Showroom - Highly visible retail building with large showroom on Panama City Beach.
Where is this showroom located?
The property is located at 11770 Panama City Beach Parkway Panama City Beach, FL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Highly visible, freestanding retail building on Panama City Beach Parkway.; Large, open showroom space.; Excellent accessibility from Panama City Beach Parkway and Alf Coleman Road.
More about this property
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