Oyster Bar, Steakhouse & BBQ Retail FOR SALE


Panama City, FL
$2,525,000 USD
850-635-5391
, Panama City, FL for Sale
$2,525,000 USD
Retail - FOR SALE
1/5
null | 8.95% Cap Rate

Oyster Bar, Steakhouse & BBQ
Panama City, FL


HIGHLIGHTS

  • Fully leased portfolio with three freestanding buildings generating consistent NOI.
  • Diverse tenant mix anchored by a long-standing, successful restaurant operation
  • Triple-net lease structure offers minimal landlord responsibilities and stable revenue streams
  • Prominent corner lot location with excellent frontage and on-site parking.
  • Flexible commercial zoning accommodates a range of uses for future adaptability.
  • Strong market fundamentals supported by proximity to Tyndall Air Force Base and leading national retailers.

OVERVIEW

This fully leased, income-generating portfolio features three freestanding buildings strategically located on a high-traffic corner lot along N Tyndall Parkway in Panama City, Florida. Positioned minutes from Tyndall Air Force Base and surrounded by Walmart and numerous national and local retailers, this property benefits from strong visibility, excellent ingress/egress, and a robust commercial corridor experiencing sustained growth. The portfolio includes a well-established owner-operated seafood, steak, and BBQ restaurant, complemented by two additional freestanding buildings leased to quality commercial tenants. Zoned for flexible commercial use, the site offers multiple income streams and long-term stability under triple-net lease agreements—making it an attractive choice for both hands-off and hands-on investors. Currently achieving a reported net operating income of approximately $162,000 annually, this investment delivers predictable cash flow backed by 100% occupancy. Its corner lot positioning amplifies visibility while providing on-site parking and convenient access for customers and operators alike. Whether you are executing a 1031 exchange or looking to secure a thriving investment in a high-growth market, this portfolio represents a rare opportunity to own a stabilized asset on one of Florida’s busiest corridors.

ASK ABOUT THIS PROPERTY

Marty BombengerEmerald Coast Restaurant Brokers & ConsultantsMore Info
850-635-5391

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Marty BombengerEmerald Coast Restaurant Brokers & ConsultantsMore Info
850-635-5391

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.