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Investment Highlights

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

Executive Summary

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.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual $99,999
Vacancy Loss
Annual $99,999
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $2,525,000
Price / SF $363.31 / SF
Sale Conditions
Bulk/Portfolio Sale
  • Lease Option
Cap Rate 8.95%
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 6,950 SF
Total Land Area 2.96 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1320 N Tyndall Pkwy, Panama City, FL 32404 Retail 3,671 SF 1995 -
1326 N Tyndall Pky, Panama City, FL 32404 Retail 1,690 SF 2005 -
1320 N Tyndall Pky, Panama City, FL 32404 Retail 1,589 SF 1995 -
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  • Listing ID: 39428437

  • Date on Market: 2/13/2026

  • Last Updated:

  • Address: Oyster Bar, Steakhouse & BBQ, Panama City, FL

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