2420 Jenks Ave Panama City, FL 32405

This exceptional investment opportunity presents a fully leased, multi-use professional center totaling 22,000 square feet, strategically located in Panama City, Florida, at 2420 Jenks Ave, 32405. The property, classified as a Class B office building, boasts a desirable location near the intersection of 23rd Street and Jenks Avenue, ensuring high visibility and accessibility. Constructed in 1999, the complex comprises three buildings: two 8,000 square foot structures and one 6,000 square foot building, catering to diverse professional needs, including executive, medical, and traditional office spaces. The property is currently 100% leased, generating a strong 7.45% capitalization rate. Recent improvements include new roofs installed in 2022, enhancing the long-term value and minimizing future maintenance costs. The asking price is $4,000,000, translating to $181.82 per square foot. Bay County Parcel IDs 13016-122-000 and 13016-122-070 further identify this attractive investment. Owner financing is available, making this a compelling proposition for discerning investors seeking a stable, high-yield asset in a thriving Florida market. This turnkey operation requires minimal management, offering immediate cash flow and significant potential for future appreciation.