Spacious Commercial Building For
For Lease
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7099 Highway 98, Panama City Beach, FL
77,596 SF commercial building suitable for retail or warehouse.
Space Size33,387 SF
Lot Size6.40 Acres
Days on Market346
Property Features for 7099 Highway 98
General Information
Standard status
Active
Size
33,387 SF
Lot size
6.40 Acres
Property subtype
RETAIL
Spaces For Lease
at 7099 Highway 98
7099 US 98
$12/SF/Yr
Floor
1
Size
33,387 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
33,387 Square Feet Available for lease in Beachwalk Shopping Center. The former Kartona Electric Speedway (go cart track) space is now available for lease. Originally a Delchamps Grocery Store. The 33,387 square foot retail space is currently the largest retail space available in Panama City Beach. Ideal for retail, showroom, and family entertainment. Tremendous signage and exposure to U.S. Highway 98 and Navy Boulevard. Easy ingress and egress and a parking ratio of 8 per 1,000. Zoned General Commercial (GC-3), Unincorporated Bay County. Planet Fitness is leasing 20,000 sq. ft. in the former Lindsey's Furniture/WalMart space in the west-end of Beachwalk Shopping Center. Call for details and to schedule a tour.
Contact us
Listing Agency:
Counts Real Estate Group
(850) 249-3615
Listed By:
Christopher McCall, SIOR
(850) 814-9889
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:02AM
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
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Investment Insights
Based on property information with market context.
This 77,596 square foot building is available for lease, with the current tenant planning to vacate by the end of the year. The building includes 68,290 square feet on the first floor and 9,306 square feet on the second floor, which features office space, storage, and an apartment. Additionally, there is a 6,600 square foot fenced canopy. The building was originally built in 1985 and was previously occupied by Wayne's World RV. The building has a 16-foot eave height and includes two 8-foot wide and 10-foot high dock-height loading doors, two 12-foot wide and 14-foot high grade doors, and one 10-foot wide and 12-foot high grade door. It features 3-phase power with 400 and 600 Amps. Zoned C-3, General Commercial in Bay County, the property is suitable for retail, storage/warehouse, and research & development. The landlord will consider subdividing for long-term credit tenants.
Key Highlights
- Fantastic location with easy accessibility and tremendous exposure.
- 77,596 Sq. Ft. Total Heated & Cooled SF, offering substantial space.
- Versatile C‑3 General Commercial zoning allows for retail, storage/warehouse, research & development, etc.
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
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Business Placement
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Market
Lease Benchmarks for Panama City Beach, FL
$20.4 /SF/Yr
Avg Asking Price
$12–$35 /SF/Yr
Price Range
41,629 SF
Avg Space Size
This space is priced 41% below the average of $20.4 /SF/Yr.
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Retail space - 77,596 SF commercial building suitable for retail or warehouse.
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: Fantastic location with easy accessibility and tremendous exposure.; 77,596 Sq. Ft. Total Heated & Cooled SF, offering substantial space.; Versatile C‑3 General Commercial zoning allows for retail, storage/warehouse, research & development, etc.
