Multi-Tenant Flex
2003 N East Avenue Panama City, FL 32405
2003 N East Avenue, Panama City, FL, 32405
Contact for pricing
For Sale
Contact for pricing
Pending
Three renovated flex buildings provide leased office and retail space plus a warehouse building with vacant and A/C’d units.
Days on Market104
Property Features for 2003 N East Avenue
General Information
- Standard status
- Pending
- Property subtype
- Industrial
Listing agency
Bluewater Commercial LLC
(850) 527-1885
Listed by
Chris Hine · License #3073035
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 10:05AM Checked: Jul 22 at 10:05AM
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Investment Insights
Based on property information with market context.
This for-sale flex portfolio consists of three separate office, retail, and warehouse buildings offered in a configuration suitable for an owner-operator. The properties are described as recently renovated and include multiple income-producing spaces as well as vacancies. The office building is leased to Stantec Engr (2,850 sf) at $1,875 per month plus utilities, with the tenant in its 4.5th year and the current schedule noting a 4th 6-month extension. A retail building includes Superdome Barbershop (1,400 sf) at $700 per month plus utilities, currently in year 2 of a 3-year lease with two one-year options, and JCCL Stone (2,000 sf) in a $1,500 per month plus utilities arrangement with a 1-year term and a 1-year option.
The warehouse building is described as vacant and includes JCCL (3,000 sf) at $1,500 per month plus utilities with a 1-year lease term and a 1-year option, along with two separate 1,500 sf A/C’d spaces. One of the A/C’d spaces is occupied by Maldenado Cabinets at $800 per month, and that space is noted as having woodworking tools. The portfolio is located at 2003 N East Avenue, Panama City, FL 32405.
The warehouse building is described as vacant and includes JCCL (3,000 sf) at $1,500 per month plus utilities with a 1-year lease term and a 1-year option, along with two separate 1,500 sf A/C’d spaces. One of the A/C’d spaces is occupied by Maldenado Cabinets at $800 per month, and that space is noted as having woodworking tools. The portfolio is located at 2003 N East Avenue, Panama City, FL 32405.
Key Highlights
- 3 renovated office/retail/industrial flex buildings—leased office and retail plus a warehouse building with vacant, A/C’d space
- Office building: 2,850 SF leased for $1,875/mo + utilities; tenant listed as Stantec Engr (4.5 years) with a 4th 6‑month extension
- Retail building: 1,400 SF leased to Superdome Barbershop for $700/mo + utilities; in year 2 of a 3‑year lease with two 1‑year options
Property Analytics
Location Intelligence
Current Use by Public Records
JCCL Granite
Kitchen & Bath Showroom
Superdome Barbershop Panama ...
Barber Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Open Water Catering — 2323 E 16th Ct, Panama City, FL 32405
FAQs
What type of property is this?
Flex space - Three renovated flex buildings provide leased office and retail space plus a warehouse building with vacant and A/C’d units.
Where is this flex space located?
The property is located at 2003 N East Avenue Panama City, FL.
What are key features of this property?
This property features: 3 renovated office/retail/industrial flex buildings—leased office and retail plus a warehouse building with vacant, A/C’d space; Office building: 2,850 SF leased for $1,875/mo + utilities; tenant listed as Stantec Engr (4.5 years) with a 4th 6‑month extension; Retail building: 1,400 SF leased to Superdome Barbershop for $700/mo + utilities; in year 2 of a 3‑year lease with two 1‑year options
