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Starbucks NNN Property with Drive-Thru
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4850 Lindsey Xing, Panama City, FL 32404

Single-tenant asset benefits from signalized access and an adjacent Publix Super Market.

Property SizeContact for details
Lot Size0.94 Acres
Days on Market50

Property Features for 4850 Lindsey Xing

General Information

Standard status Active
Lot size 0.94 Acres
Property subtype Retail

Site & Location

Drive-Thru Yes
Traffic Count 34,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2025
Tenancy Single
Abandoned No
Listing Agency: Cushman & Wakefield - Sacramento, California
Listed By: Ryan Forsyth · License #CA 01716551
Source: Crexi
Added: Sep 9 Changed: Oct 26 Last Checked: Oct 26 at 3:23PM

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 Cushman & Wakefield - Sacramento, California

Rey
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Investment Insights

Based on property information with market context.

This single-tenant Starbucks property was constructed in 2025 on a 0.94-acre parcel and includes a dedicated drive-thru lane. The asset is subject to a 10-year net lease, with the tenant carrying a BBB+ S&P credit rating.

Located at 4850 Lindsey Xing in Panama City, the property occupies an outparcel position at Publix Super Market at Panama City Centre. Access is provided at the signalized intersection of Lindsey Xing and U.S. Route 231, a corridor recording 34,000 AADT. The surrounding area includes Titus Park, Bylsma Manor Estates, and Sunset Village, along with several schools within two miles. The five-mile population is 51,422, while average annual household income within one mile is $132,090.

Key Highlights

  • Starbucks single‑tenant property with a 10‑year net lease
  • 2025 construction on a 0.94‑acre parcel
  • Dedicated drive‑thru lane

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Garden Center Bed & Breakfast Hotel & Motel

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

34,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 32404, FL

38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant asset benefits from signalized access and an adjacent Publix Super Market.
Where is this nnn property located?
The property is located at 4850 Lindsey Xing Panama City, FL.
What is the asking price?
The asking price for this property is $3,746,000.
What are key features of this property?
This property features: Starbucks single‑tenant property with a 10‑year net lease; 2025 construction on a 0.94‑acre parcel; Dedicated drive‑thru lane
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