Absolute NNN Drive-Through Coffee
For Sale
Contact for pricing
2399 Martin Luther King Jr Blvd, Panama City, FL 32405
Brand-new drive-through coffee property supported by a long-term absolute NNN lease and a national coffee operator.
Property Size950 SF
Price / SF$3,442
Days on Market268
Property Features for 2399 Martin Luther King Jr Blvd
General Information
Standard status
Active
Size
950 SF
Property subtype
RETAIL
Listing Agency:
Colliers
(949) 903-3399
Listed By:
Eric Carlton · License #01809955
(949) 903-3399
Source:
Moodyscre
Added: Dec 5, 2025
Changed: Aug 29
Last Checked: Aug 29 at 2:29PM
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 Colliers
Investment Insights
Based on property information with market context.
This 950-square-foot commercial property is designed exclusively for drive-through coffee service and is offered with a brand-new 15-year absolute NNN lease. Dutch Bros is identified as the incoming operator, with an opening scheduled for November 2025. The lease includes 10% bumps.
The property is located at 2399 Martin Luther King Jr Blvd in Panama City, Florida. Nearby retail context identified for the site includes Home Depot, Lowe’s, Target, and Panama City Mall, providing a concentration of established commercial activity in the surrounding area.
The property is located at 2399 Martin Luther King Jr Blvd in Panama City, Florida. Nearby retail context identified for the site includes Home Depot, Lowe’s, Target, and Panama City Mall, providing a concentration of established commercial activity in the surrounding area.
Key Highlights
- 950‑square‑foot drive‑through coffee property
- Brand‑new 15‑year absolute NNN lease
- Dutch Bros identified as the incoming operator
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
842
Businesses Nearby
459k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 29%
Dining 19%
Superstores 19%
Shops & Services 15%
Target
Superstores
85,451 visits/mo
0.1 miles
The Home Depot
Home Improvements & Furnishings
43,377 visits/mo
0.2 miles
Kohl's
Apparel
35,551 visits/mo
0.2 miles
Ross Dress for Less
Apparel
29,775 visits/mo
0.2 miles
Best Buy
Electronics
28,474 visits/mo
0.4 miles
Demographics for 32405, FL
28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Brand-new drive-through coffee property supported by a long-term absolute NNN lease and a national coffee operator.
Where is this nnn property located?
The property is located at 2399 Martin Luther King Jr Blvd Panama City, FL.
What is the asking price?
The asking price for this property is $3,270,000.
What are key features of this property?
This property features: 950‑square‑foot drive‑through coffee property; Brand‑new 15‑year absolute NNN lease; Dutch Bros identified as the incoming operator
