Freestanding Restaurant Retail
14501 Panama City Beach Pkwy Panama City Beach, FL 32413
For Sale
Contact for pricing
Freestanding retail building with US Hwy 98 frontage and an existing restaurant kitchen buildout with freezer and cooler units.
Property Size11,233 SF
Price / SF$413.96
Days on Market465
Property Features for 14501 Panama City Beach Pkwy
General Information
- Standard status
- Active
- Size
- 11,233 SF
- Property subtype
- RETAIL
Listing Agency:
Graham & Co - Corporate
(850) 830-6593
Listed By:
Jason Carnes
(850) 830-6593
Source:
Moodyscre
Added: Apr 18, 2025
Changed: Jul 25
Last Checked: Jul 25 at 9:11AM
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 Graham & Co - Corporate
Investment Insights
Based on property information with market context.
This freestanding retail building was formerly used as a restaurant and includes a full kitchen buildout. The space also features two freezer/cooler units, supporting food storage needs tied to restaurant operations.
The property provides frontage along US Hwy 98, offering direct roadside exposure for retail or restaurant concepts that benefit from high-visibility access.
As configured with the existing kitchen and freezer/cooler infrastructure, the building may appeal to operators looking to adapt an established restaurant layout for continued food service use.
The property provides frontage along US Hwy 98, offering direct roadside exposure for retail or restaurant concepts that benefit from high-visibility access.
As configured with the existing kitchen and freezer/cooler infrastructure, the building may appeal to operators looking to adapt an established restaurant layout for continued food service use.
Key Highlights
- Freestanding retail building with US Hwy 98 frontage
- Former restaurant space with full kitchen buildout
- Includes (2) freezer/coolers
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $202.2k | $18.00 |
| − Vacancy | −$13.7k | −$1.22 |
| EGI | $188.4k | $16.78 |
| − OpEx | −$47.1k | −$4.19 |
| NOI | $141.3k | $12.58 |
11,233 SF · lease $18.00/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.02M
$1.77M – $2.36M
NOI $141,334 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.27M
$2.86M – $3.82M
NOI $229,104 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Freestanding retail building with US Hwy 98 frontage and an existing restaurant kitchen buildout with freezer and cooler units.
Where is this conventional restaurant located?
The property is located at 14501 Panama City Beach Pkwy Panama City Beach, FL.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Freestanding retail building with US Hwy 98 frontage; Former restaurant space with full kitchen buildout; Includes (2) freezer/coolers
