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2420 Jenks Ave Panama City, FL 32405

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For Sale
$4,000,000

Fully leased commercial property in Panama City, Florida for sale.

Property size:
22,000 SF
Lot size:
2.68 Acres

Property Features for 2420 Jenks Ave

General Information

Standard status
Active
Size
22,000 SF
Lot size
2.68 Acres

Building Details

Year built
2007

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Listing Contact
Brent Faison
Brent Faison
Source: Corcoran

Listing Agency: NAI TALCOR Listing Agent: Brent Faison

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

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Overview

Fully Leased Panama City Property

This commercial property at 2420 Jenks Avenue, Panama City, Florida, presents an opportunity to acquire a fully leased asset. The property includes approximately 22,000 square feet of space distributed across three buildings situated on two parcels. Two buildings each provide approximately 8,000 rentable square feet, while the third building offers approximately 6,000 rentable square feet. The property is currently 100% leased, generating immediate income. Recent capital improvements include new roofs installed in 2022. The property is located in a well-established commercial corridor in Panama City, providing convenient access to surrounding business districts and major transportation routes. Owner financing is available.
Location Intelligence

Current Use by Public Records

Bay Family Medicine Medical Clinic Future Medical Associates Medical Clinic Dr. Brian J. ... Pediatrician Abdelwahab Abdellatif MD Physician

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Similar Places Nearby

Gilberg's Plaza, Panama City Square, Florida MV Express Kiosk, 23rd Street Station, Bay City Point

Location Insight

  • Map
  • Local Demand
City
Panama City
County
Walton
State
Florida
Longitude
-85.6619452
Latitude
30.191498

FAQs

What type of property is this?
Shopping center - Fully leased commercial property in Panama City, Florida for sale.
Where is this shopping center located?
The property is located at 2420 Jenks Ave Panama City, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: - 100% leased, providing immediate in-place income.; - Offered at an **attractive 8.63% cap rate.**; - Owner financing is available.
More about this property
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