Green Dragon Cannabis Dispensary
9.00% CAP | Tenant has 39 locations in FL | Tourism Corridor
Marketing description
STNL.com is pleased to present this 100% fee simple single tenant Green Dragon Dispensary located in Panama City, FL. Three reasons to own this property include:
1. Panama City Mall Redevelopment: Less than two miles from the property, the former Panama City Mall is planned for mixed use redevelopment by Hendon Properties, with conceptual plans calling for over 600,000 square feet of retail, hotel, and residential space. The project represents a long-term catalyst for growth along the corridor and signals renewed investment in the heart of Panama City.
2. Medical Corridor: Positioned between Ascension Sacred Heart Bay and HCA Florida Gulf Coast Hospital, the property sits within one of Bay County’s most active healthcare corridors. This setting supports a steady daytime population of professionals, patients, and visitors, creating a natural environment for wellness-focused retail and service concepts. The consistent flow of nearby healthcare traffic reinforces long term stability and demand within the immediate trade area.
3. Daily Traffic: Located just 0.38 miles north along Harrison Avenue, Bay High School enrolls approximately 1,300 students and serves as a key community institution. The school’s daily operations, athletic programs, and campus events generate consistent local activity that contributes to the corridor’s vitality and long-term retail stability
Investment highlights
Year-round Tourism: More than 17 millions visitors annually visit Bay County to visit the area’s beaches, water activities & festivals meaning year-round retail demand in this area.
Medical Trade Area: The region’s two largest hospitals, combining for over 500 beds, are located within 1.5 miles of the Green Dragon site
Bay High School: This 1,300-student high school is just 0.3 miles from Green Dragon’s location which ensures year-round activity and daily traffic by the property.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?









