3416 Us-98 Panama City, FL 32401

Property Details for 3416 Us-98

Year built

1989

Lot size

1.40 lot acres

Property size

7,000 SF

Property type

Industrial properties

Property subtype

Flex space

Description

This exceptional 7,000-square-foot flex space offers a prime location at the corner of Highway 98 and Deer Avenue in the St. Andrews submarket. Situated on approximately 1.4 acres, this single-tenant property boasts excellent visibility and accessibility. Built in 1989 and renovated in 2019, the building features a 16-foot peak ceiling height in the warehouse area, with 14-foot eaves. The space includes approximately 1,600 square feet of finished first-floor office space and an additional 800 square feet of mezzanine office and storage. Two grade-level roll-up doors (10'x10' and 14'x14') provide convenient access, complemented by ample parking with 32 spaces. The property is fully secured with 8-foot fencing and roller gates, ensuring security and peace of mind. The property enjoys highway frontage of 140 feet on Highway 98 and 240 feet on Deer Avenue. The zoning is commercial, and the property features three-phase power. The building is a single-story structure. The asking rent is $15.00 per square foot, NNN, with estimated net operating expenses of approximately $2.75 per square foot. This property is less than 1.3 miles from the Hathaway Bridge, offering convenient access to major transportation routes. This is an ideal opportunity for a business seeking a well-maintained, highly visible flex space with excellent features and ample parking.