Former Applebee's

For Lease

10071 Hutchison Blvd, Panama City Beach, FL 32407

You can currently find 1 retail space(s) available for lease at Former Applebee's. Designated use type for space listed here includes retail. Current retail listings at this property total 5,135 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Former Applebee's.

Space Available For Lease 1

Contacts

broker
Michael Carro

SVN | Southland Commercial

Property Details

  • Property Type Retail - Restaurant
  • Property Size 5,135 SF
  • Units 1
  • Lot Size 1.39 Acre
  • Building Class C
  • Year Built 1999
  • Date Updated Jun 7, 2025
10071 Hutchison Blvd is located on the southeast corner of Hutchison Blvd and Churchwell Drive. The property benefits from signalized intersection access and strong visibility from all directions. Hutchison Blvd is a key east-west connector between Front Beach and Middle Beach Roads. The site is surrounded by national retailers, attractions, and resorts in one of Panama City Beach’s most trafficked commercial zones.This offering presents a rare opportunity to acquire a net-leased restaurant property located at a signalized hard corner in Panama City Beach, Florida. The 5,135 SF freestanding building—formerly operated as Applebee’s—is currently dark, but the tenant, Neighborhood Restaurant Partners Florida Two, LLC, continues to pay rent under a corporate-backed lease with term remaining through May 31, 2031. The lease is absolute NNN, with the tenant responsible for taxes, insurance, and maintenance. The property is located at the southeast corner of Hutchison Boulevard and Churchwell Drive, featuring full access via a traffic signal and exceptional visibility. With 95 total parking spaces (18.5 per 1,000 SF), the site offers excellent fundamentals for continued investment income or future repositioning.This offering presents a rare opportunity to acquire a net-leased restaurant property located at a signalized hard corner in Panama City Beach, Florida. The 5,135 SF freestanding building—formerly operated as Applebee’s—is currently dark, but the tenant, Neighborhood Restaurant Partners Florida Two, LLC, continues to pay rent under a corporate-backed lease with term remaining through May 31, 2031. The lease is absolute NNN, with the tenant responsible for taxes, insurance, and maintenance. The property is located at the southeast corner of Hutchison Boulevard and Churchwell Drive, featuring full access via a traffic signal and exceptional visibility. With 95 total parking spaces (18.5 per 1,000 SF), the site offers excellent fundamentals for continued investment income or future repositioning.
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Highlights

  • +- 95 total parking spaces (18.5 per 1,000 SF)
  • Current annual rent is $236,083.20 through lease expiration on May 31, 2031
  • Former Applebee's building with existing restaurant infrastructure
  • Located in a high-traffic corridor near Walmart, Publix and other national retailers

Getting around

  • 52/100

    Walk Score ®

  • 23/100

    Transit Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Panama City Beach, FL
  • Neighborhood Long Beach Resort
  • Zip Code 32407
  • Market Pensacola

Points of Interest

  • Shell

    0.43 miles

  • Murphy USA

    0.49 miles

  • Exxon

    0.83 miles

  • Tom Thumb

    1.33 miles

  • Chevron

    1.40 miles

  • Texaco

    1.53 miles

  • Mobil

    2.44 miles

10071 Hutchison Blvd Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    10071 Hutchison Blvd is located in Long Beach Resort, which is home to a total of 1 listing(s). Retail space at Former Applebee's asks $46.89/SF/YR per square foot.

  • The property includes 5,135 square feet of retail space for lease. Of this total, 5,135 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Long Beach Resort is 38. The average household income here is $79,052 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Michael Carro

SVN | Southland Commercial

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