116 Tyndall Pkwy Panama City, FL 32404-6721
Parker Center, a 68,680 square foot retail building located in Bay County, presents a unique leasing opportunity. Built in 1975, this single-tenant property offers significant space for a variety of retail uses. The entire building is currently vacant, providing a blank canvas for a prospective tenant to customize the space to their exact specifications. With ample parking, accommodating 360 vehicles, customer accessibility is ensured. The property lacks elevators, a factor to consider in tenant planning and design. The substantial square footage, combined with the high parking ratio, makes this property ideal for a large-format retailer, a distribution center with showroom space, or a business requiring significant storage and display areas. The property's location in Bay County offers access to a substantial consumer base and presents a strong foundation for a successful retail operation. The building's age presents an opportunity for a complete renovation and modernization, allowing a tenant to create a truly unique and contemporary retail environment. Interested parties are encouraged to conduct their own due diligence regarding zoning regulations and permitted uses. This is a rare opportunity to secure a large, single-tenant retail space in a prime Bay County location.
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Wells Fargo ATM Atm
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Vayla's Nails & Massage Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.