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Prime Panama City Beach Outparcel
For Lease
$8,500/Mo

7099 HWY 98 W, Panama City Beach, FL 32408

High-visibility 1-acre outparcel near NSA Panama City Naval Base.

Space SizeContact for details
Days on Market488

Property Features for 7099 HWY 98 W

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2025
Listing Agency: COUNTS REAL ESTATE GROUP INC
Listed By: CARL E ALLEN · License #3168405
Source: Corcoran
Added: Apr 10, 2025 Changed: Aug 8 Last Checked: Aug 8 at 11:55AM

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 INC

Investment Insights

Based on property information with market context.

A 1-acre outparcel is available for lease at 7099 Hwy 98 West in Panama City Beach, FL. The site is located within a retail center anchored by Murphy USA, Dollar General, and Cartona, a high-speed electric go-kart attraction. The property benefits from high traffic counts and a strategic location directly adjacent to NSA Panama City Naval Base. It is surrounded by residential neighborhoods and year-round demand drivers. Multiple AADT corridors converge nearby, including 69,718 vehicles per day on Hwy 98 Front Beach Rd, and 36,500 on Thomas Drive, providing exposure and access within the submarket.

Key Highlights

  • Prime 1‑acre outparcel location on Hwy 98 W in Panama City Beach.
  • High visibility location within a retail center anchored by Murphy USA, Dollar General, and Cartona.
  • Exceptional traffic counts: 69,718 vehicles per day on Hwy 98 Front Beach Rd, and 36,500 on Thomas Drive.

Property Analytics

Current Use

Commercial land

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

NNN (Triple Net)
Lease Type

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - High-visibility 1-acre outparcel near NSA Panama City Naval Base.
Where is this commercial land located?
The property is located at 7099 HWY 98 W Panama City Beach, FL.
What is the lease rate?
The lease rate is $8,500/Mo.
What are key features of this property?
This property features: Prime 1‑acre outparcel location on Hwy 98 W in Panama City Beach.; High visibility location within a retail center anchored by Murphy USA, Dollar General, and Cartona.; Exceptional traffic counts: **69,718 vehicles per day on Hwy 98 Front Beach Rd**, and 36,500 on Thomas Drive.
More about this property
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