10
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$4,000,000
Est. payment /mo
22,000 SqFt
Active
2420 Jenks AVE Panama City, FL 32405
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 22,000 sqft
Price per Sqft $181
Subdivision [No Recorded Subdiv]
MLS Listing ID 787317
HOA Y/N No
Year Built 2007
Lot Size 2.680 Acres
Acres 2.68
Property Sub-Type Office
Property Description
2420 Jenks Avenue offers investors the opportunity to acquire a fully leased commercial property in Panama City, Florida. The asset consists of approximately ±22,000 square feet across three buildings situated on two parcels (Bay County Parcel ID's 13016-122-000 and 13016-122-070).
The improvements include two buildings totaling ±8,000 RSF each and one building of approximately ±6,000 RSF. The property is currently 100% leased, providing immediate in-place income.
Recent capital improvements include new roofs installed in 2022. The property is being offered at an 8.63% cap rate and owner financing is available.
2420 Jenks Avenue is located in a well-established commercial corridor in Panama City with convenient access to surrounding business districts and major transportation routes.
The improvements include two buildings totaling ±8,000 RSF each and one building of approximately ±6,000 RSF. The property is currently 100% leased, providing immediate in-place income.
Recent capital improvements include new roofs installed in 2022. The property is being offered at an 8.63% cap rate and owner financing is available.
2420 Jenks Avenue is located in a well-established commercial corridor in Panama City with convenient access to surrounding business districts and major transportation routes.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Schools
Elementary Schools Hiland Park
Middle Schools Jinks
High Schools Bay
Others
Tax ID 13016-122-000
Listed by NAI TALCOR
NEARBY SCHOOL & BUSINESS
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