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Panama City, FL NNN Properties for Sale

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7 properties
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Leased Gas Station & Convenience Store
Updated: Sep 11
Leased Gas Station & Convenience Store

2025 W 15th Street, Panama City, FL 32401

$1,200,000
3,520 sqft 0.35 AC lot
3,520‑square‑foot gas station and convenience store property
Situated on 0.35 acres at 2025 W 15th Street
Currently leased under a long‑term commercial agreement
Additional tenant renewal option
Tenant responsible for applicable taxes, insurance, assessments, and extensive repairs
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Tidal Wave Auto Spa Car Wash
Updated: Aug 26
Tidal Wave Auto Spa Car Wash

252 North Tyndall Parkway, Panama City, FL 32404

Contact for pricing
6,664 sqft
Tidal Wave Auto Spa car wash facility
Approximately 6,664 rentable square feet
Estimated 0.69‑acre parcel
2022 construction year
20‑year NNN lease commenced 7/15/2022
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NNN Industrial Property with Warehouse
NNN Industrial Property with Warehouse

2550 Sherman Ln, Panama City, FL 32405

Contact for pricing
60,000 sqft

An upgraded facility under long-term net lease is paired with an adjacent vacant warehouse.

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See hot listings in Panama City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Distribution Center with Dock Upgrades
Distribution Center with Dock Upgrades

2550 Sherman Avenue, Panama City, FL 32405

$9,980,769

A NNN lease begins at closing, with landlord duties limited to the roof and foundation.

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Absolute NNN Drive-Through Coffee Property
Absolute NNN Drive-Through Coffee Property

2399 Martin Luther King Jr Blvd, Panama City, FL 32405

Contact for pricing
950 sqft

Brand-new drive-through coffee property supported by a long-term absolute NNN lease and a national coffee operator.

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Starbucks NNN Property with Drive-Thru
Starbucks NNN Property with Drive-Thru

4850 Lindsey Xing, Panama City, FL 32404

Contact for pricing
0.94 AC lot

Single-tenant asset benefits from signalized access and an adjacent Publix Super Market.

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NNN-Leased Shopping Center
NNN-Leased Shopping Center

413 East 23rd Street, Panama City, FL 32405

Contact for pricing

Every space is occupied under NNN leases.

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7 active listings match your search: NNN for sale in Panama City, FL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fort Walton Beach Office Building
Fort Walton Beach Office Building

30 Ferry Rd SE, Fort Walton Beach, FL 32548

$670,000
2,208 sqft

NNN leased office building in Fort Walton Beach, Florida.

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Starbucks NNN Lease Investment Opportunity
Starbucks NNN Lease Investment Opportunity

100 S Mattie M Kelly Blvd, Destin, FL

Contact for pricing
2,500 sqft 1.77 AC lot

New 10-year corporate Starbucks lease in Destin, Florida.

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NNN Veterinary Clinic
NNN Veterinary Clinic

76 Eglin Pkwy NE, Fort Walton Beach, FL 32548

$436,364

Operating veterinary facility with five years remaining on the NNN lease and contractual 2% increases.

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Chase Bank NNN Ground Lease
Chase Bank NNN Ground Lease

751 W. Harbor Blvd, Destin, FL 32541

Contact for pricing

The bank is under construction, with opening planned for March under a 15-year ground lease.

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Panama City, FL Nnn Properties Market Trends and Statistics

Explore 7 nnn properties for sale in Panama City, FL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 71,134 square feet of properties for sale, with an estimated market value of $11,180,769.

Sale prices for triple net lease properties in Panama City, FL start at $1,200,000, averaging $5,590,384, and reaching up to $9,980,769 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 154K
Population Growth (5Y) +1,132.7%
Median Household Income $71,237
College Educated 29.8%

High-Yield Neighborhoods for Investment

Identify Panama City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32401 $1.2M
32405 $10M

Taxes & Financing

Tax Rate (average for all types) 1.42%
Property Tax per SF $28.37 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bay County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Panama City fall within the 50,000 to 100,000 square foot range.

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