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Retail Showroom and Entertainment Space
For Lease
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7099 Highway 98, Panama City Beach, FL 32408

Large retail space in Beachwalk Shopping Center with strong highway signage and easy ingress and egress.

Property Size33,387 SF
Days on Market53

Property Features for 7099 Highway 98

General Information

Standard status Active
Size 33,387 SF
Property subtype RETAIL
Zoning GC-3
Lease Type SF/yr

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included No
Listing Agency: Counts Real Estate Group
Listed By: Christopher McCall, SIOR · License #3168405
Source: Moodyscre
Added: Jun 10 Changed: Jul 28 Last Checked: Jul 31 at 6:00AM

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 Counts Real Estate Group

Investment Insights

Based on property information with market context.

33,387 square feet is available for lease within Beachwalk Shopping Center, occupying the former Kartona Electric Speedway (go-cart track) space. The offering is described as the largest retail space currently available in Panama City Beach and is presented as suitable for retail, showroom, and family entertainment use.

The property benefits from prominent signage and exposure to U.S. Highway 98 and Navy Boulevard, with easy ingress and egress. Parking is noted at a ratio of 8 per 1,000.

The space is in an unincorporated Bay County location and is zoned General Commercial (GC-3). Planet Fitness is leasing 20,000 square feet in the former Lindsey’s Furniture/WalMart space in the west-end of the center.

Key Highlights

  • 33,387 SF retail space available for lease in Beachwalk Shopping Center
  • Former Kartona Electric Speedway (go cart track) space; previously operated as a Delchamps grocery store
  • Large retail space is the largest currently available in Panama City Beach

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Cafe & Coffee Shop Auto Parts Store Pharmacy Dental Office Veterinary Clinic

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

861
Businesses Nearby
37k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 61% Dining 25% Hotels & Casinos 10% Home Improvements & Furnishings 4%
Dollar General Shops & Services
6,411 visits/mo 0.4 miles
Dollar General Shops & Services
5,149 visits/mo 0.4 miles
Little Caesars Pizza Dining
4,576 visits/mo 0.4 miles
U-Haul Shops & Services
3,854 visits/mo 0.4 miles
Guthrie's Dining
3,160 visits/mo 0.3 miles

Demographics for 32408, FL

17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value

Market

Lease Benchmarks for Panama City Beach, FL

$17.48 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
35,334 SF
Avg Space Size

This space is priced 31% below the average of $17.48 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Large retail space in Beachwalk Shopping Center with strong highway signage and easy ingress and egress.
Where is this retail space located?
The property is located at 7099 Highway 98 Panama City Beach, FL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 33,387 SF retail space available for lease in Beachwalk Shopping Center; Former Kartona Electric Speedway (go cart track) space; previously operated as a Delchamps grocery store; Large retail space is the largest currently available in Panama City Beach
(850) 814-9889 Call to check price and availability
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