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2960 Penn Ave Marianna, FL

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For Sale
$1,150,685

Single-tenant auto repair building with long-term corporate lease.

Type:RETAIL
Property size:
7,858 SF
Lot size:
0.57 Acres
Added:
Aug 20, 2025
Days on Market:
225
Last Refresh:
Mar 29 at 10:07 pm

Property Features for 2960 Penn Ave

General Information

Standard status
Active
Size
7,858 SF
Lot size
0.57 Acres
Property subtype
RETAIL

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Listing Contact
Samuel Griffeth
Samuel Griffeth

Listing agent Samuel Griffeth

Listing office Matthews Real Estate Investment Services | Phoenix

Listing date Aug 20, 2025

Source Moodyscre

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 Matthews Real Estate Investment Services | Phoenix


Overview

Marianna Auto Repair Investment Property

This strategic retail property features a 7,858-square-foot single-tenant auto-repair building, constructed in 2000, situated on a 0.57-acre lot. Classified as Class C retail, the property is suitable for generating stable income from auto services. The property is located within Marianna city limits along Penn Ave, near US-90 and I-10 exit 136, providing regional connectivity and traffic flow. Marianna has experienced modest population growth of approximately 2% from 2022 to 2023, along with a steady increase in median household income, rising by about 33% to $66,000. The tenant, Classic Collision, is backed by private equity firm TPG, acquired in April 2024. The corporate guarantee NN+ lease has approximately 8.75 years of term remaining, with landlord responsibilities limited to the roof and structure. The essential, recession-resistant auto service tenant makes this an attractive investment opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Similar Places Nearby

  • John Bryan's Automotive Inc. 2900 Borden St, Marianna, FL 32448
  • Marianna Toyota Service 2961 Penn Ave, Marianna, FL 32448
  • Marianna Toyota Parts 2961 Penn Ave, Marianna, FL 32448
  • Bryant's Enterprises BP 2880 Orange St, Marianna, FL 32448
  • The Purple Tire Shop 2964 milton ave, marianna, fl 32448

Location Insight

  • Map
  • Local Demand
City
Marianna
County
Jackson
State
Florida
Longitude
-85.2269
Latitude
30.7744

FAQs

What type of property is this?
Auto shop - Single-tenant auto repair building with long-term corporate lease.
Where is this auto shop located?
The property is located at 2960 Penn Ave Marianna, FL.
What is the asking price?
The asking price for this property is $1,150,685.
What are key features of this property?
This property features: Corporate Guarantee NN+ Lease with ±8.75 Years of Term Remaining, limiting landlord responsibilities to Roof and Structure only.; Private Equity Backed Tenant: Classic Collision was purchased by TPG, the 4th largest PE firm in the world, in April 2024.; Strategic retail property suitable for stable income from auto services: 7,858 SF single‑tenant auto‑repair building on a 0.57 acre lot.
More about this property
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