for sale gateway to the beach - loopnet...property features + prominent site - 90,000+/- sf building...

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PROPERTY FEATURES + PROMINENT SITE - 90,000+/- SF building on 7.25+/- acres at the market area’s key entry point which feeds the highly recognized tourist destination of Panama City Beach, Florida. + STRONG VISIBILITY AND ACCESS - over 60,000 average daily traffic on US Highway 98, immediately in front of the property, and at intersection of Thomas Drive which accesses the Bay Point Resort (golf, marina, etc.), the acclaimed St. Andrews State Park, and the area’s primary fishing charter fleet. + VIBRANT ECONOMIC CENTER - within ½ mile of major employers, including Naval Supply Activity (NSA, Naval Surface Warfare Center), Florida State University at Panama City, Gulf Coast State College, and the Port of Panama City, and at the primary gateway to all the Beaches and tourist destinations. + MAJOR MARKET GROWTH - adjacent to significant new development, including hundreds of new townhomes and apartments currently under construction, and within ½ mile of the region’s largest recreational sports complex, a 210-acre, $30 million project that just commenced construction. www.cbre.com/beachgateway FOR SALE GATEWAY TO THE BEACH 7100 W. HIGHWAY 98 PANAMA CITY BEACH, FL 32407 Bay Point Resort NSA St. Andrews State Park THOMAS DR MAGNOLIA BEACH RD WILDWOOD RD FRONT BEACH RD PANAMA CITY BEACH PKWY Future Home of Bay County Recreational Sports Complex New Residential Development (Under Construction) SUBJECT SUBJECT

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PROPERTY FEATURES + PROMINENT SITE - 90,000+/- SF building on 7.25+/- acres at the

market area’s key entry point which feeds the highly recognized tourist destination of Panama City Beach, Florida.

+ STRONG VISIBILITY AND ACCESS - over 60,000 average daily traffic on US Highway 98, immediately in front of the property, and at intersection of Thomas Drive which accesses the Bay Point Resort (golf, marina, etc.), the acclaimed St. Andrews State Park, and the area’s primary fishing charter fleet.

+ VIBRANT ECONOMIC CENTER - within ½ mile of major employers, including Naval Supply Activity (NSA, Naval Surface Warfare Center), Florida State University at Panama City, Gulf Coast State College, and the Port of Panama City, and at the primary gateway to all the Beaches and tourist destinations.

+ MAJOR MARKET GROWTH - adjacent to significant new development, including hundreds of new townhomes and apartments currently under construction, and within ½ mile of the region’s largest recreational sports complex, a 210-acre, $30 million project that just commenced construction.

www.cbre.com/beachgateway

FOR SALE

GATEWAY TO THE BEACH7100 W. HIGHWAY 98PANAMA CITY BEACH, FL 32407

Bay Point Resort

NSA

St. Andrews State Park

THOMAS DR

MAGNOLIA BEACH RD

WILD

WO

OD

RD

FRONT BEACH RD

PANAMA CITY BEACH PKWY

Future Home of Bay County Recreational

Sports Complex

New Residential Development

(Under Construction)

SUBJECT

SUBJECT

www.cbre.com/beachgateway

PLAT MAP

Access Easement

7100 W. HIGHWAY 98PANAMA CITY BEACH, FL 32407

PROPERTY IMAGE

AS-BUILT PLAN

www.cbre.com/beachgateway

FOR SALEGATEWAY TO THE BEACH

CONTACT US

TOM WATSONVice President+1 850 527 [email protected]

CBRE, Inc. | Licensed Real Estate Broker

© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

7100 W. HIGHWAY 98PANAMA CITY BEACH, FL 32407

Destin, FL48 Miles

International Airport 5 Miles North

2016 Estimated Demographics 5 minutes 10 minutes 15 minutes

Population 8,856 40,486 61,180

Percent Population Change - 2016 to 2021 1.93% 1.33% 1.25%

Daytime Employment 6,588 28,185 61,426

Average Household Income $59,627 $63,502 $62,638

Housing Units 5,588 33,988 48,183

Seasonal Population* 16,764 101,964 144,549

SUBJECT

Naval Surface Warfare Center

Port of Panama City

Downtown Panama City

Panama CityBeach

*Seasonal Population is estimated at 3 persons per housing unit.

WALMART

WALMARTSAM’S CLUB

Panama City Mall