917 Harrison Ave - Freestanding FOR SALE


Panama City, FL 32401- Downtown Panama City
$1,345,000 USD
602-922-3427
917 Harrison Ave, Panama City, FL for Sale
$1,345,000 USD
Freestanding - FOR SALE
1/3
null | 8% Cap Rate

917 Harrison Ave
Panama City, FL 32401
Downtown Panama City


HIGHLIGHTS

  • Corporate Guarantee, which provides security behind the lease obligations.
  • The lease provides for a passive, landlord-friendly expense structure with landlord expenses limited to replacement of roof and structure.
  • Strategically situated on Harrison Ave, a high-traffic corridor in the heart of downtown Panama City.
  • Surrounded by a mix of retail, dining, and entertainment venues, attracting both locals and tourists.
  • Green Dragon is currently paying $20 per square foot, which is below market rent.

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

$1,345,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GREEN DRAGON

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

GC 1

APN/PARCEL ID

18085-000-000

ASK ABOUT THIS PROPERTY

Zach StevensMatthews Real Estate Investment ServicesMore Info
602-922-3427

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Zach StevensMatthews Real Estate Investment ServicesMore Info
602-922-3427

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.