Overview

Description

Wattenbarger Commercial | Five Bridges Real Estate presents a prime retail redevelopment opportunity at 2399 Highway 77 (Martin Luther King Jr. Blvd). This 0.70-acre parcel features 149 feet of Highway 77 frontage alongside off-site stormwater retention and a cross easement with neighboring retailers. With a daily traffic count of 29,000 vehicles and five lanes, including a center turn lane, the property sits in Panama City's dominant retail trade area, just one-tenth of a mile north of the major intersection of E 23rd St & Hwy 77. The site contains a 3,500 +/- SF former free-standing Burger King QSG w/drive-thru (Hurricane Michael damaged the building - buyer to verify usability if desired). Neighboring retailers include Target, Home Depot, Lowe's, Starbucks, Chick-fil-A, and Hobby Lobby. Conveniently located near the retail core and accessible to high-growth areas north of Highway 231 and Highway 77. For details, contact Kevin Wattenbarger, CCIM, at Kevin@kwa-cre.com or (850) 913-9133.

Located in the heart of Panama City's retail hub, 2399 Highway 77 (Martin Luther King Jr. Blvd) offers exceptional visibility and access. With 149 feet of frontage along Highway 77, a daily traffic count of 29,000 vehicles, and five lanes, the site is strategically positioned just north of the bustling "main & main" intersection of E 23rd St & Hwy 77. It is surrounded by major retailers like Target, Home Depot, Lowe's, Chick-fil-A-, Oliver Garden, Starbucks, and many others. It's a prime location with easy access to both the established retail core and the growing areas north of Highway 231 and Highway 77. Contact Kevin Wattenbarger, CCIM, at Kevin@kwa-cre.com or (850) 913-9133 for more information.

Highlights

• Hwy 77 Retail Redevelopment
• Former Burger King QSR - Drive Thru
• Zoning: GC-2 (Panama City)
• Dominate Retail Trade Area 23rd St & Hwy 77
• Full Access - Center Turn Lane | 150' of Frontage
• Cross Easements & Off-Site Retention

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