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5401 Hwy 98
Panama City, FL 32404

$20.00 USD/SF/YR

Freestanding For Lease  •  1,400+ SF

Property Details

  • Property Type Freestanding
  • Year Built 1968
  • Total Building Size 4,780 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning GC
20 Transit Score
20 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 1,400-2,800 SF $20.00 USD/SF/YR
Space will be delivered as vanilla shell. From 1,400 to 2,800 square feet available.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

A gateway opportunity at the intersection of two major corridors

5401 E Highway 98 sits at a signalized gateway intersection in the City of Parker, positioned at the convergence of two of the area's highest-traffic roads, Highway 98 and Tyndall Parkway, generating a combined 35,900+ vehicles daily. The property is a 4,223 square foot concrete block building on a generous 0.85-acre site, with approximately 75 surface parking spaces, multiple points of ingress and egress, and strong visibility from both corridors.

With 1,400 SF currently occupied, 2,823 SF of second-generation restaurant and bar space remains available. Offered either as a single contiguous suite or divided into two spaces of approximately 1,400 SF each, providing flexibility for a range of tenant sizes and concepts.

The surrounding trade area is anchored by a dense mix of national retailers, regional restaurants, and neighborhood service businesses, ensuring consistent consumer traffic throughout the day and evening. Residential communities border the site to the north and east, while Tyndall Air Force Base sits less than 4 miles to the south, providing a stable, year-round customer base that insulates the corridor from typical economic cycles.

Public Transportation

AirportDriveWalkDistance
Northwest Florida Beaches International 45 min - 29.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Casey Prindle 786-443-7203 Nicklaus Vance Realty Group
Casey Prindle 786-443-7203 Nicklaus Vance Realty Group