Multi-Building Professional Office
For Sale
Contact for pricing
2420 Jenks Ave, Panama City, FL 32405
Multi-use professional center with three office buildings totaling about 22,000 sf and newly installed 2022 roofs.
Property Size22,000 SF
Price / SF$181.82
Days on Market95
Property Features for 2420 Jenks Ave
General Information
Standard status
Active
Size
22,000 SF
Property subtype
OFFICE
Occupancy
100%
Additional Details
Cap Rate
7.45%
Listing Agency:
NAI TALCOR | Tallahassee
(850) 224-2300
Listed By:
Brent Faison · License #3027940
(850) 814-4490
Source:
Moodyscre
Added: Jul 26
Changed: Oct 26
Last Checked: Oct 28 at 10:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI TALCOR | Tallahassee
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Investment Insights
Based on property information with market context.
This multi-use professional office center includes two buildings of approximately 8,000 RSF and one building of approximately 6,000 RSF, for a total of about 22,000 SF. The property is reported as 100% leased. New roofs were installed in 2022, supporting continued exterior durability.
The center is conveniently located just off the intersection of 23rd Street and Jenks Avenue. Bay County Parcel IDs are 13016-122-000 and 13016-122-070.
For buyers considering purchase structure, owner financing is available. The property is listed with a stated cap rate of 7.45%.
The center is conveniently located just off the intersection of 23rd Street and Jenks Avenue. Bay County Parcel IDs are 13016-122-000 and 13016-122-070.
For buyers considering purchase structure, owner financing is available. The property is listed with a stated cap rate of 7.45%.
Key Highlights
- Multi‑use professional center with about 22,000 SF across three office buildings
- Two buildings with 8,000 RSF plus one building with 6,000 RSF
- 100% leased
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,499
Businesses Nearby
Explore this area
Business Placement
Demographics for 32405, FL
28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Multi-use professional center with three office buildings totaling about 22,000 sf and newly installed 2022 roofs.
Where is this office building 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: Multi‑use professional center with about 22,000 SF across three office buildings; Two buildings with 8,000 RSF plus one building with 6,000 RSF; 100% leased
