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Funeral and Memorial Home 1124 N MLK BLVD 5,238 SF of Office/Medical Space Available in Panama City, FL 32401
Highlights
- Wonderful and Well Known Location
- Multiple Multi-Use Rooms
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,238 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $62,856 /YR $5,238 /MO | Negotiable |
1st Floor
The building is fully equipped and ready for immediate use. Its layout supports all essential functions, providing both operational efficiency and a welcoming environment for clients.
- Mostly Open Floor Plan Layout
- Fits 14 - 42 People
- Central Heating System
- Private Restrooms
- Wi-Fi Connectivity
- Security System
- Wheelchair Accessible
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 5,238 SF | Gross Leasable Area | 5,238 SF |
| Property Type | Retail | Year Built | 1972 |
| Property Subtype | Funeral Home | Parking Ratio | 3.17/1,000 SF |
| Total Space Available | 5,238 SF |
| Property Type | Retail |
| Property Subtype | Funeral Home |
| Gross Leasable Area | 5,238 SF |
| Year Built | 1972 |
| Parking Ratio | 3.17/1,000 SF |
About the Property
Rent $4500/MO. This 5,200+ square foot commercial property was formerly operated as a well-established Funeral and Memorial home. With its strong community presence, recognizable location, and turnkey readiness, this property is an exceptional opportunity for an operator looking to establish or expand their Memorial Home footprint in the Panama City. This historic landmark in Panama City offers a rare opportunity to continue a legacy of service in a space thoughtfully designed for funeral operations. Situated on a generously sized lot, the property features ample on-site parking to comfortably accommodate services and gatherings. In addition, a massive detached garage at the rear of the property offers valuable extra space for storage, fleet vehicles, or operational needs. SECURITY DEPSOSIT REQUIRED. MEMORIAL AND FUNERAL HOME USE ONLY.
- 24 Hour Access
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
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Funeral and Memorial Home | 1124 N MLK BLVD
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