Panama City, FL Restaurants for Rent & Lease

Updated: Feb 18

Restaurant-Oriented Retail Space

133 S Tyndall Parkway, Panama City, FL 32404

$24 SF/Yr

51,876 sqft

Unit 108 targeted for restaurant or bar use
Outdoor eating area beside the front entrance
Approximately 52,000 SF retail center
Targeted Spring 2027 opening
Adjacent to Beacon Pointe

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Updated: Feb 18

Retail Center with Drive-Through

133 S Tyndall Parkway, Panama City, FL 32404

$24 SF/Yr

51,876 sqft

Unit 101 planned for restaurant use with drive‑through service
Front‑of‑space outdoor dining area included in the Unit 101 configuration
Grocery Outlet and Big Lots identified as center anchors
Beacon Pointe North is adjacent to Beacon Pointe
Target opening scheduled for Spring 2027

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Retail Space with Drive-Thru

133 S Tyndall Parkway #101, Panama City, FL 32404

$24 SF/Yr

51,876 sqft

Retail space available for lease with drive-thru.

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Former Captain D’s Restaurant

242 S Tyndall Pkwy, Panama City, FL 32404

Contact for pricing

2,847 sqft 0.46 AC lot

Sublease opportunity on S Tyndall Parkway, along US 98, in Panama City.

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Commercial Kitchen Space

441 Grace Avenue #B, Panama City, FL 32401

$23 SF/Yr

Select spaces include existing full commercial kitchen improvements.

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Retail Space in SweetBay Center

930 Promenade St, Panama City, FL

Contact for pricing

1,583 sqft 486.70 AC lot

Retail and restaurant space for lease in Panama City.

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SweetBay Commercial Town Center Retail

950 Promenade St, Panama City, FL

Contact for pricing

1,573 sqft 486.70 AC lot

Retail and restaurant spaces in a Publix-anchored town center.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 7 Active listings in Panama City, FL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 10 Properties for Sales.

Restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

109 Cannery Ln, Miramar Beach, FL 32550

$60 SF/Yr

5,600 sqft

Premier Waterfront Space - Village of Baytowne Wharf, Destin FL

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Beachside Retail/Office Space For Lease

1688 Scenic Gulf Dr Miramar Bch # FL, Miramar Beach, FL 32550

$7,500/Mo

1,050 sqft

Rare Beachside Lease | Scenic Hwy 98 Frontage | Destin, FL

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Renovated Commercial Kitchen Facility

350 FL-85, Fort Walton Beach, FL 32547

$6,000/Mo

0.49 AC lot

Renovated food-service facility with substantial HVAC capacity, dedicated electrical service, and on-site parking.

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Okaloosa Island Restaurant/Bar Opportunity

1318 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

Contact for pricing

15,640 sqft 2.79 AC lot

15,640 SF restaurant/bar on 2.79 acres on Choctawhatchee Bay.

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Similar Spaces for Sale in Panama City, FL

Consider Similar Space for Sale. We found 10 Spaces matching your search parameters.

Rooftop Restaurant Space

436 Harrison Avenue, Panama City, FL 32401

$1,100,000

26,400 sqft 0.15 AC lot

Elevated commercial space offers stair and elevator access, concrete construction, and utility connections for restaurant operations.

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Elevated Rooftop Restaurant Space

400-436 Harrison Ave, Panama City, FL 32401

$1,100,000

6,000 sqft

Poured-concrete construction, vertical access, and rooftop utility connections support a distinctive downtown dining concept.

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Breakfast Restaurant Commercial Unit

9860 S Thomas Drive R-8, Panama City, FL 32408

$843,885

2,751 sqft

Two entrances connect the space with Thomas Drive and the lake.

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Rooftop Restaurant Development Opportunity

436 Harrison Ave Unit 400, Panama City, FL 32401

$1,100,000

26,400 sqft

Elevated commercial space with utility connections and access via two staircases and an elevator.

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Retail Building with Outdoor Bar

1000 Beck Avenue, Panama City, FL 32401

$3,195,000

7,618 sqft

Multi-unit retail building built in 1907 and renovated in 2021 with courtyard patio and outdoor bar space.

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Rooftop Restaurant Opportunity

436 Harrison Avenue, Panama City, FL 32401

$1,100,000

0.15 AC lot

Elevated commercial space offers utility connections, multiple access points, and potential for restaurant or bar development.

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Historic Conventional Restaurant

2117 E 3rd Street, Panama City, FL 32401

$350,000

1,918 sqft

Mixed-use zoning supports restaurant and bar operations with indoor seating and an outdoor gathering area.

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Starbucks NNN Property with Drive-Thru

4850 Lindsey Xing, Panama City, FL 32404

Contact for pricing

0.94 AC lot

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

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Absolute NNN Drive-Through Coffee Property

2399 Martin Luther King Jr Blvd, Panama City, FL 32405

Contact for pricing

950 sqft

Brand-new drive-through coffee property supported by a long-term absolute NNN lease and a national coffee operator.

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First-Floor Retail & Restaurant Condo

100-436 Harrison Ave, Panama City, FL 32401

$1,200,000

First-floor commercial condo in The Mashburn Building with retail and restaurant use, under construction in downtown Panama City.

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Panama City, FL Restaurants Lease Rates & Market Statistics

Browse 7 Restaurants for lease in Panama City, FL on Realmo, a commercial real estate marketplace serving the Panama City area. The current inventory totals 161,631 square feet of properties.

Restaurants lease rates in Panama City range from $23 SF/Yr at the entry level to $24 SF/Yr at the top of the market, averaging $23.75 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $23.75 SF/Yr is 33% below the Florida state average of $35.49 SF/Yr.