Listing Agency: Marcus & Millichap | The Patel Yozwiak Group

Listed By: Logan Lofgren · License #3594865

Source: Crexi

Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 10:55PM

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Investment Insights

Based on property information with market context.

This NNN property is presented as a build-to-suit offering at 3494 Washington St in Chipley, Florida. The transaction includes an absolute NNN lease structure, with the property located within the Panama City, FL MSA.

Key Highlights

• Build‑to‑suit offering
• Absolute NNN lease structure
• Located at 3494 Washington St, Chipley, FL 32428

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Cafe & Coffee Shop Pet Grooming Service Grocery & Convenience Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

43

Businesses Nearby

Explore this area Business Placement

Demographics for 32428, FL

17,946

Population

7,475

Households

2.4

Avg Household Size

42

Median Age

13%

College-Educated

83%

High-School Grad

285.9 sq mi

ZIP Area

63

Density / Sq Mi

$52,234

Median Household Income

$34,395

Median Earnings

$896

Median Rent

$157,900

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - Build-to-suit offering with an absolute NNN lease structure in the Panama City, FL MSA.

Where is this nnn property located?

The property is located at 3494 Washington St Chipley, FL.

What are key features of this property?

This property features: Build‑to‑suit offering; Absolute NNN lease structure; Located at 3494 Washington St, Chipley, FL 32428