Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

907 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

MCDONALD'S w/ DUAL DR-THRU | 20YR NNN GROUND US-98 & N Alf Coleman Rd 4,584 SF Retail Building Panama City Beach, FL 32407 $2,675,325 ($583.62/SF) 3.85% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

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.