Former Applebee’s Restaurant Site | Hard Corner Panama City Beach Hutchison Blvd

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.Now available for lease, this 5,135 SF freestanding restaurant space is located at the signalized hard corner of Hutchison Blvd & Churchwell Drive in the heart of Panama City Beach. The building features a full commercial kitchen, bar area, and open dining layout—ideal for quick service, casual dining, or conversion to retail use. Base Annual Rent is $240,828.47 ($46.90/SF) NNN. Positioned on 1.4 +/- acres, the site offers 95 total parking spaces (including 4 ADA), providing a high 18.5/1,000 SF parking ratio. With strong visibility, dual access, and proximity to beach traffic, lodging, and major retailers, this location supports both local and seasonal demand.