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    FOR SALE
    Retail space

    12011 Panama City Beach Pkwy, Panama City Beach, FL 32407

    16,120 SF 1.08 ac lot Built 2002
    Entity Owned 25-yr Hold ~ Est. High Equity
    Property ID
    US18-4724473
    Property summary
    AI-generated overview

    The Shops at Renaissance Square, a 93,600 square foot power center in southeast Fort Worth, Texas, presents a prime retail leasing opportunity. This single-story building, constructed in 2013, sits on a 6.15-acre lot and boasts a strong national tenant mix. A key advantage is its shadow-anchoring by a Walmart Supercenter, ensuring high foot traffic and visibility. Currently, 5,500 square feet of retail space is available, previously occupied by Rue21. This space offers excellent potential for a variety of retail uses, benefiting from the established success of the center's existing tenants. Located in Tarrant County, this property provides easy access to major transportation routes and a dense consumer base. The property's size and location make it an ideal investment for businesses seeking high-traffic exposure in a thriving retail environment. The existing infrastructure and established customer base offer a significant advantage for new tenants looking to establish or expand their presence in the Fort Worth market. This is a rare opportunity to secure space in a well-established, high-performing power center.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2002
    Construction STEEL FRAME
    Total area 16,120 SF
    Lot 1.08 ac (46,827 SF)
    Zoning code BC04
    APN 34039-165-000
    UPID US18-4724473
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.77M
    Blend (final) Blend
    $1.48M
    Owner & transaction history
    A H D INC · 25 yrs held
    A H D INC
    since 2001
    5 recorded transactions
    2022
    2001
    $225,000
    1969
    1969
    1969
    Zoning & alternative use
    BC04 · Panama City Beach, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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