4500 W Hwy 98
Panama City, FL 32401
Black Angus Restaurant & Lounge · Property For Lease
Highlights
- Central Location to Panama City and Panama City Beach
- High Traffic Counts at +/-40,000 trips/day
- Landlord will negotiate tenant improvements
- Tremendous Visibility
Property Facts
| Property Type | Retail | Year Built/Renovated | 1966/2018 |
| Property Subtype | Restaurant | Parking Ratio | 9.8/1,000 SF |
| Gross Leasable Area | 20,413 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 20,413 SF |
| Year Built/Renovated | 1966/2018 |
| Parking Ratio | 9.8/1,000 SF |
About the Property
Over 20,000 square feet of space perfect for any restaurant, night club, entertainment concept, , wedding or special events hall. Extensive parking with approximately 100 spaces available. The new owner continues with renovations to the building and is negotiable on any tenant improvements needed for a new tenant. The building is a must-see. The former Black Angus Restaurant and Player's Night Club had over 500 seats. The central location will pull customers from Panama City Beach and all of Bay County. The rental rate is only $5.00 per sq. ft. + operating expenses, and the tenant will pay 6.0% of gross sales in excess of $1.75 Million. Gross sales to be verified via state sales tax receipts from Department of Revenue. Call for additional information and to setup a tour
- Bus Line
- Dedicated Turn Lane
- Air Conditioning
