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28827646
28827647

734 N Tyndall Pkwy, Callaway, FL 32404 For Sale

SR
FL CQ1059597, CA 02101543 (+42)
ParaSell Inc
JL
CA 01942025, NE 20191334
Hanley Investment Group
BA
CA 01318078, NV COOP.0000245-AUTH
Hanley Investment Group
Listed by ParaSell Inc, Hanley Investment Group
$3,775,000
222 days on market
Updated 26 days ago

Galleria at Callaway | Callaway, FL

Details
APN 06018-050-000
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 6,863
Net Rentable (SqFt) 6,863
Cap Rate 6%
NOI $226,398
Occupancy 100%
Tenancy Multi
Brand/Tenant Starbucks, GameStop
Lease Type NNN
Price per SqFt $550
Broker Co-Op Yes
Year Built 2007
Buildings 1
Stories 1
Acreage 1.000

Starbucks Drive-Thru Anchored Pad | 100% National Tenants; Long-Term Historical Occupancy

Marketing description

CLICK HERE FOR FULL OFFERING MEMORANDUM: https://bit.ly/Galleria_Callaway

Investment highlights

  • Starbucks Drive-Thru-Anchored Multi-Tenant Pad; 100% National Tenants:

    • Starbucks, GameStop, Supercuts, and Papa John’s

    • Starbucks, GameStop, and Supercuts are original tenants and have been operating at the subject property since 2007 (18+ years)

    • Long-term leases with staggered lease expirations

    • Corporate Starbucks lease (40,000+ locations)

    • Supercuts (1,800+ locations); top 20% in Florida (Placer.ai)

    • Papa John’s (6,000+ locations) brand-new 10-year lease with a 10% increase in 2030

  • Florida is an Income-Tax Free State

  • Strategically Located on Tyndall Parkway, Which Is the Main Thoroughfare Connecting Tyndall Air Force Base and the City of Callaway

  • High Visibility in Major Retail Corridor: The subject property is across from Walmart Supercenter (2.3 million annual visits, Placer.ai), which serves not only the immediate Callaway/Parker communities but also Tyndall Air Force Base and a 40+ mile stretch of beach to the east

  • Strong Military Economic Impact: Tyndall Air Force Base, located just 6 miles from the subject property, supports 6,000+ civilian and military workers, as well as 10,000 military retirees and their dependents, and brings in a $600 million economic impact to the region

    • Tyndall AFB’s $4.9 billion rebuild and expansion is driving population growth, increased contractor presence, and long-term employment stability—boosting demand for commercial services

  • High-Growth Demographics: 10.23% population growth from 2020 to 2025 within a 3-mile radius

  • Panama City-Panama City Beach MSA:

    • 35 minutes from Northwest Florida Beaches International Airport (1.8+ million passengers in 2024)

    • Top-tier tourism market; Panama City is one of Florida’s strongest beach destinations, drawing millions of annual visitors

Listing Contacts

SR
FL CQ1059597, CA 02101543 (+42)
ParaSell Inc
JL
CA 01942025, NE 20191334
Hanley Investment Group
BA
CA 01318078, NV COOP.0000245-AUTH
Hanley Investment Group
Listed by ParaSell Inc, Hanley Investment Group

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$226,398.00
$18,866.50/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Scott Reid
License
CQ1059597
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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