2717 E 5th St | Panama City, FL 32401
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- LoopNet Team
2717 E 5th St
Panama City, FL 32401
Restaurant Redevelopment · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Retail property located on E 5th St in Panama City, Florida.
- 2% annual increases; NNN Lease - provides future cash flow, zero management fees while planning redevelopment
- Tenant current on all rents
- Strong Personal Guaranty; 18 years remaining on base term
- 2nd Gen restaurant space
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,750 SF
Building Class
C
Year Built
1981
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.40 AC
Zoning
GC 1 - General Commercial
Parking
25 Spaces (9.09 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 23726-000-000 | Improvements Assessment | $173,085 |
| Land Assessment | $86,249 | Total Assessment | $259,334 |
PROPERTY TAXES
Parcel Number
23726-000-000
Land Assessment
$86,249
Improvements Assessment
$173,085
Total Assessment
$259,334
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