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US-98 & N Alf Coleman Rd
Panama City Beach, FL 32407
 MCDONALD'S w/ DUAL DR-THRU | 20YR NNN GROUND · Retail Property For Sale

Retail Buildings Florida Panama City Beach US-98 & N Alf Coleman Rd, Panama City Beach, FL 32407

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INVESTMENT HIGHLIGHTS

  • 20 Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • McDonald’s (NYSE: MCD) is Ranked #165 on the Fortune 500 List, Features Investment Grade Credit Rating “BBB+” by S&P’s.
  • Along Panama City Beach Parkway (US-98) – Serves as the Market’s Main East-West Commercial Spine, connecting Residential Neighborhoods, Schools, etc
  • Property Sits Along Panama City Beach Parkway (US-98), providing Excellent Visibility, steady Traffic Counts, and Convenient Regional Access.
  • Panama City Beach is One of Florida’s most Established Gulf Coast Resort Markets.
  • Fast Growing Area – Panama City Beach is Ranked #2 in U.S. Metro Area by Percent of Population Growth from July 2023 to July 2024 (U.S. Census Bureau)

EXECUTIVE SUMMARY

McDonald’s w/ Dual Drive Thru | 20 Year Absolute Net Ground Lease | Brand New 2026 Construction | Fast Growing Coastal Market | High-Traffic US-98 Frontage - Area’s Main East- West Commercial Spine | Minutes from Pier Park - 1M+ Sq. Ft Open-Air Retail Destination | Proximity to Major Beach Access Points, Resort Clusters, and Recreational Destinations
Florida Broker of Record: Ryan Nee | 5900 N Andrews Ave., Ste. 100 Fort Lauderdale, FL 33309 | P: (954) 245-3400 | Lic #: BK3154667 | Ryan.Nee@MarcusMillichap.com | Marcus & Millichap Real Estate Investment Services of Florida, Inc.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,584 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$2,675,325
Price Per SF
$583.62
Cap Rate
3.85%
NOI
$103,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.44 AC
Frontage
150’ on Back Beach Road

LINKS

  • Listing ID: 39237456

  • Date on Market: 1/28/2026

  • Last Updated:

  • Address: US-98 & N Alf Coleman Rd, Panama City Beach, FL 32407

The Retail Property at US-98 & N Alf Coleman Rd, Panama City Beach, FL 32407 is currently available for Sale. Contact The Mansour Group of Marcus & Millichap for more information.

NEARBY LISTINGS

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