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7725 Panama City Beach Pkwy Panama City Beach, FL 32407

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For Sale
$925,000

Retail property on Panama City Beach Parkway with strong tenant.

Property size:
4,625 SF
Lot size:
0.57 Acres

Property Features for 7725 Panama City Beach Pkwy

General Information

Size
4,625 SF
Lot size
0.57 Acres

Source: Matthews Real Estate Investment Services | Phoenix Agent Samuel Griffeth

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Panama City Beach Retail Property

Located on Panama City Beach Parkway (Highway 98), this property benefits from high visibility and traffic. It is situated minutes from the Gulf of Mexico and popular beaches, attracting tourist traffic. The property is near Pier Park, a lifestyle center featuring retailers such as Dillard’s, JCPenney, and Target. The roof was repaired in 2019 following Hurricane Michael. The property is occupied by Classic Collision, an auto body repair brand with a national presence. Classic Collision has over 325 repair facilities throughout 21 states and was purchased by TPG in April of 2024. The lease is a corporate guarantee NN+ lease with approximately 8.75 years of term remaining. Landlord responsibilities are limited to the roof and structure. The tenant is an essential, recession-resistant auto service.
Insight Report Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Grease Pro Oil Change, GC Auto LLC, Fleetworx

Location Insight

  • Map
  • Local Demand
City
Panama City Beach
County
Bay
State
Florida
Longitude
-85.7700951
Latitude
30.1880654

FAQs

What type of property is this?
Auto shop - Retail property on Panama City Beach Parkway with strong tenant.
Where is this auto shop located?
The property is located at 7725 Panama City Beach Pkwy Panama City Beach, FL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: - Corporate Guaranteed NN+ Lease with ±8.75 Years of Term Remaining, limiting landlord responsibilities to Roof and Structure only.; - Strong National Tenant: Classic Collision, a leading and rapidly growing auto body repair brand with 325+ state-of-the-art facilities.; - Private Equity Backed Tenant: Classic Collision was purchased by TPG, the 4th largest PE firm in the world.
More about this property
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