512-535-5787
2131 East Ave N, Panama City, FL for Sale
Self-Storage Facilities - FOR SALE
1/4
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2131 East Ave N
Panama City, FL 32405


HIGHLIGHTS

  • Significant land for expansion included in the sale
  • Excellent visibility with frontage and access from State Highway 389, which sees over 11,800 VPD
  • Opportunity to add value through improving economic occupancy, and implementing a tenant insurance program
  • Substantial upside in asking rents relative to surrounding competition, with current asking rates 11-27% below market on average
  • Very sticky tenant base with 86% of the customers renting their units for over 3 years

OVERVIEW

Broker of Record Kyle Matthews License No. CQ1066435 (FL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PACK-IT-UP SELF STORAGE

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

7.65 AC

LAND SF

333,234 SF

ZONING

C-3A

APN/PARCEL ID

14660-120-000

ASK ABOUT THIS PROPERTY

Gray GriffinMatthews Real Estate Investment ServicesMore Info
512-535-5787

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Gray GriffinMatthews Real Estate Investment ServicesMore Info
512-535-5787

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