STNL.com is pleased to present this 100% fee simple single tenant Green Dragon Dispensary located in Panama City, FL. Three reasons to own this property include: 1. Panama City Mall Redevelopment: Less than two miles from the property, the former Panama City Mall is planned for mixeduse redevelopment by Hendon Properties, with conceptual plans calling for over 600,000 square feet of retail, hotel, and residential space. 2. Medical Corridor: Positioned between Ascension Sacred Heart Bay and HCA Florida Gulf Coast Hospital, the property sits within one of Bay County’s most active healthcare corridors.This setting supports a steady daytime population of professionals, patients, and visitors, creating a natural environment for wellness-focused retail and service concepts. The consistent flow of nearby healthcare traffic reinforces longterm stability and demand within the immediate trade area. 3.Daily Traffic: Located just 0.38 miles north along Harrison Avenue, Bay High School enrolls approximately 1,300 students and serves as a key community institution. The school’s daily operations, athletic programs, and campus events generate consistent local activity that contributes to the corridor’s vitality and long-term retail stability.