Hutchison Bvd Retail

For Sale

11049 Hutchison Blvd, Panama City Beach, FL 32407

This Panama City Beach property for sale is located at 11049 Hutchison Blvd. The current listed sale price for Hutchison Bvd Retail is $3,500,000. Hutchison Bvd Retail is situated on a lot that is 0.65 acre in size.

Contacts

broker

Jason Jusko

Silver Fish CRE

Property Details

  • Property Type Retail - Freestanding
  • Property Size 3,100 SF
  • Lot Size 0.65 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2024
  • Date Updated Sep 23, 2024
Discover the vibrant surroundings of Hutchison Blvd Retail, strategically located in the heart of Panama City Beach, FL. This prime area offers a blend of commercial and leisure opportunities, drawing in a steady flow of tourists and locals alike. The immediate vicinity boasts popular attractions including Gulf World Marine Park, Shipwreck Island Waterpark, and the Russell-Fields Pier. With a thriving retail scene and a strong focus on entertainment and recreation, the area is primed for retail investment. Explore the possibilities of owning a piece of this dynamic landscape, strategically positioned for success. Panama City Beach welcomed 5 million visitors in 2023.Discover an unparalleled investment opportunity at this prized property on Hutchison Blvd in Panama City Beach, FL. Zoned T-3, this prime real estate offers a strategic location for retail expansion or development. High traffic flow of 28,000 cars, the property presents a lucrative proposition for retail investors. Positioned across from the exciting redevelopment of THE HOMBRE, the potential for growth and success is evident. The developer has done over $500,000 of Teneat Improvent making this attractive for additional bonus depreciation. The building is a prototype for Sunburn which includes a safe room and $90,000 glass display.

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Highlights

  • - 15 Year Initial Lease
  • - 5% Rent Bum if Amendment 3 Passes making this a 8.16 CAP
  • - Strategic location in the thriving Panama City Beach area
  • - Brand New Ground Up Development
  • - High traffic flow with 28,000 car count for maximum visibility
  • - $500,000 Of TI Paid by Developer
  • - Prototype Built Exclusivley for Sunburn
  • - Rent Commencement July 1, 2024

Getting around

  • 57/100

    Walk Score ®

  • 19/100

    Transit Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Panama City Beach, FL
  • Neighborhood Long Beach Resort
  • Zip Code 32407
  • Market Pensacola

Points of Interest

  • Shell

    0.66 miles

  • Exxon

    0.73 miles

  • Murphy USA

    0.74 miles

  • Tom Thumb

    1.11 miles

  • Chevron

    1.63 miles

  • Texaco

    1.76 miles

  • Marathon

    2.20 miles

  • Hyatt Place Parking

    4.01 miles

  • Tidewater Beach Resort

    5.04 miles

  • Beach Parking

    6.28 miles

  • Harvey De Mathis Park parking

    8.60 miles

  • Saltwater Grill

    0.04 miles

  • Applebee's

    0.26 miles

  • Waffle House

    0.31 miles

  • Los Rancheros Mexican Restaurant

    0.34 miles

  • Barefoot On The Beach Bar and Grill

    0.34 miles

  • Taco Bell

    0.35 miles

  • Sonic

    0.37 miles

  • Burger King

    0.40 miles

  • Lotus Cafe & Juice Bar at Zen Garden

    0.43 miles

  • All American Diner

    0.47 miles

  • Walmart Supercenter

    0.55 miles

  • Sunsations

    0.81 miles

  • Publix

    0.82 miles

  • Surf Style

    1.50 miles

  • The Fresh Market

    3.98 miles

  • Ross

    4.05 miles

  • Winn-Dixie

    4.09 miles

  • Target

    4.10 miles

  • Bealls

    4.18 miles

  • JCPenney

    4.25 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jason Jusko

Silver Fish CRE