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Sun Harbor Restaurant 5300 Highway 98 Hwy 1,250 - 6,500 SF of Retail Space Available in Panama City, FL 32401
HIGHLIGHTS
- Easy Access
- Located in Sun Harbor Marina
- Incredible Sunset Views
- Construction Drawings Attached
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,250 SF | Negotiable | $34.56 CAD/SF/YR $2.88 CAD/SF/MO $43,203 CAD/YR $3,600 CAD/MO | Modified Gross | ||
| 2nd Floor | 5,250 SF | Negotiable | $34.56 CAD/SF/YR $2.88 CAD/SF/MO $181,453 CAD/YR $15,121 CAD/MO | Modified Gross |
1st Floor
The new owners have rebuilt Sun Harbor Marina on St. Andrew Bay. Located on the east end of the Hathway Bridge adjacent to the Port of Panama City. The two-story restaurant space is now available for lease. The framing is completed and the landlord is completing the build-out per the attached construction drawings. The leased space includes +/-4,725 SF of heated and cooled space, another +/-2,830 SF of patio and deck space (outdoor seating), and two dedicated boat slips. The rent is 9,800 per month based on a 'modified-gross' lease (landlord pays real estate taxes, building insurance, common area maintenance, and submerged land lease). In addition, the tenant will be percentage rent equal to 7.0% of annual gross sales in excess of $2,000,000. The tenant improvements are negotiable and the landlord will finish-to-suit. The space is designed to have the main dining room and kitchen on the second floor with additional seating on the wrap around outdoor decks. The first floor includes additional bars, seating, entertainment, bathrooms and storage areas. The second floor is accessed via two sets of stairs and an ADA lift. The most incredible views all year around and the best sunsets. Easy access and plenty of parking. A roof-mounted sign would be visible from the Hathaway Bridge and St. Andrew Bay. The lease includes two boat slips adjacent to the restaurant. Sun Harbor Marina is home to the Schooner Columbia and the boat slips are now leasing. The fuel docks are also open. This location will have tremendous visibility and a lot of traffic by boaters, too. Call for further details and to setup a tour. Agent to Agent Remarks: Call listing agent to schedule any tours. Do not tour the restaurant without the listing agent present. It is a construction zone.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Restaurant or Café Space
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 6,500 SF of adjacent space
- Central Heating System
- Private Restrooms
- Freezer Space
- Wheelchair Accessible
- Waterfront Restaurant
- Incredible sunset views
- Located at the base of the Hathaway Bridge
2nd Floor
The new owners have rebuilt Sun Harbor Marina on St. Andrew Bay. Located on the east end of the Hathway Bridge adjacent to the Port of Panama City. The two-story restaurant space is now available for lease. The framing is completed and the landlord is completing the build-out per the attached construction drawings. The leased space includes +/-4,725 SF of heated and cooled space, another +/-2,830 SF of patio and deck space (outdoor seating), and two dedicated boat slips. The rent is 9,800 per month based on a 'modified-gross' lease (landlord pays real estate taxes, building insurance, common area maintenance, and submerged land lease). In addition, the tenant will be percentage rent equal to 7.0% of annual gross sales in excess of $2,000,000. The tenant improvements are negotiable and the landlord will finish-to-suit. The space is designed to have the main dining room and kitchen on the second floor with additional seating on the wrap around outdoor decks. The first floor includes additional bars, seating, entertainment, bathrooms and storage areas. The second floor is accessed via two sets of stairs and an ADA lift. The most incredible views all year around and the best sunsets. Easy access and plenty of parking. A roof-mounted sign would be visible from the Hathaway Bridge and St. Andrew Bay. The lease includes two boat slips adjacent to the restaurant. Sun Harbor Marina is home to the Schooner Columbia and the boat slips are now leasing. The fuel docks are also open. This location will have tremendous visibility and a lot of traffic by boaters, too. Call for further details and to setup a tour. Agent to Agent Remarks: Call listing agent to schedule any tours. Do not tour the restaurant without the listing agent present. It is a construction zone.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Restaurant or Café Space
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 6,500 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 6,500 SF | Gross Leasable Area | 7,555 SF |
| Property Type | Retail | Year Built | 2025 |
| Property Subtype | Restaurant | Cross Streets | W 23rd St |
| Total Space Available | 6,500 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 7,555 SF |
| Year Built | 2025 |
| Cross Streets | W 23rd St |
ABOUT THE PROPERTY
The new owners have rebuilt Sun Harbor Marina on St. Andrew Bay. Located on the east end of the Hathway Bridge adjacent to the Port of Panama City. The two-story restaurant space is now available for lease. The framing is completed and the landlord is completing the build-out per the attached construction drawings. The rent is 9,800 per month based on a 'modified-gross' lease (landlord pays real estate taxes, building insurance, common area maintenance, and submerged land lease). In addition, the tenant will be percentage rent equal to 7.0% of annual gross sales in excess of $2,000,000. The tenant improvements are negotiable and the landlord will finish-to-suit. The space is designed to have the main dining room and kitchen on the second floor with additional seating on the wrap around outdoor decks. The first floor includes additional bars, seating, entertainment, bathrooms and storage areas. The second floor is accessed via two sets of stairs and an ADA lift. The most incredible views all year around and the best sunsets. Easy access and plenty of parking. A roof-mounted sign would be visible from the Hathaway Bridge and St. Andrew Bay. The lease includes two boat slips adjacent to the restaurant. Sun Harbor Marina is home to the Schooner Columbia and the boat slips are now leasing. The fuel docks are also open. This location will have tremendous visibility and a lot of traffic by boaters, too. Call for further details and to setup a tour. Agent to Agent Remarks: Call listing agent to schedule any tours. Do not tour the restaurant without the listing agent present. It is a construction zone.
- Restaurant
- Air Conditioning
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Sun Harbor Restaurant | 5300 Highway 98 Hwy
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