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10071 Hutchison Blvd Panama City Beach, FL 32407

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For Lease
$46 SF/Yr

Net-leased restaurant property with corporate-backed lease through May 2031.

Property size:
5,135 SF
Lot size:
5,135 SF

Property Features for 10071 Hutchison Blvd

General Information

Size
5,135 SF

Building Details

Year built
1999

Source: Michael Carro, CCIM Agent Michael Carro, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Net-Leased Restaurant Property in Florida

This offering features a net-leased restaurant property situated at a signalized hard corner in Panama City Beach, Florida. The 5,135 square foot freestanding building, previously operated as an Applebee's, is currently not in operation, but the tenant, Neighborhood Restaurant Partners Florida Two, LLC, continues to pay rent under a corporate-backed absolute NNN lease with term remaining through May 31, 2031. The tenant is responsible for taxes, insurance, and maintenance. The property is located at the southeast corner of Hutchison Boulevard and Churchwell Drive, providing full access via a traffic signal and exceptional visibility. The site includes 95 total parking spaces, which is 18.5 spaces per 1,000 square feet. The property benefits from signalized intersection access and strong visibility from all directions. Hutchison Boulevard 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 current annual rent is $236,083.20 through the lease expiration on May 31, 2031. The property is located in a high-traffic corridor near Walmart, Publix and other national retailers and has existing restaurant infrastructure.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Clothing Store Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Panama City Beach
County
Bay
State
Florida
Longitude
-85.8083594
Latitude
30.1834198

FAQs

What type of property is this?
Restaurant - Net-leased restaurant property with corporate-backed lease through May 2031.
Where is this restaurant located?
The property is located at 10071 Hutchison Blvd Panama City Beach, FL.
What is the lease rate?
The lease rate is $46 SF/Yr.
What are key features of this property?
This property features: - Corporate-backed absolute NNN lease in place through May 31, 2031, providing stable income.; - Current annual rent of $236,083.20.; - Located at a signalized hard corner with full access and exceptional visibility on Hutchison Boulevard.
More about this property
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