Panama City Retail, Office, Restaurant, Medical
Spaces
High Visibility Retail Space | 35,900 Daily Vehicles | Dual Frontage on Hwy 98 & Tyndall Pkwy
Building description
5401 E Highway 98 sits at a gateway intersection in the City of Parker, positioned at the convergence of two of the area's highest traffic roads, Highway 98 and Tyndall Parkway. Generating a combined 35,900+ vehicles daily.
The property is a 4,223 square foot concrete block building on a large 0.85-acre site, with approximately 75 surface parking spaces, multiple points of ingress and egress, and strong visibility from both corridors.
With 1,400 SF currently occupied, 2,823 SF remains available, offered either as a single suite or divided into two spaces of approximately 1,400 SF each, providing flexibility for a range of tenant sizes.
The surrounding trade area is anchored by a dense mix of national retailers, regional restaurants, and neighborhood service businesses, ensuring consistent consumer traffic throughout the day and evening. Residential communities border the site to the north and east, while Tyndall Air Force Base sits less than 4 miles to the south, providing a stable, year round customer base that insulates the corridor from typical economic cycles.
Building highlights
Less than 4 miles from Tyndall Air Force Base. The base is undergoing a multi-billion dollar federal reconstruction, driving sustained long term investment and population growth into the corridor. Military families, contractors, and base personnel represent a recession resilient, consistent consumer base for food service, retail, and service operators in this location.
Multiple ingress/egress points from two of the area's primary corridors, capturing traffic from both directions. Combined daily vehicle count exceeds 35,900, providing exceptional brand visibility and impulse visit potential throughout the day.
75 Surface parking spaces serving the entire property. Well above typical retail parking ratios for this building size, supporting high volume food service, retail, or service operations.
General Commercial zoning permits restaurants, cannabis, retail, office, medical, entertainment, and more.
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