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2960 Penn Ave
Marianna, FL 32448
Retail Property For Sale
Investment Highlights
- Strategic retail property: The asset is a 7,858 SF single-tenant auto-repair building on a 0.57 acre lot, built in 2000, class C retail
- Stable population with growth – Marianna has seen modest population growth (~2% from 2022–23), steady median household income rising ~33% to $66K
- Corporate Guarantee NN+ Lease with ±8.75 Years of Term Remaining: The landlord responsibilities are limited to the Roof and Structure only
- Access & visibility: Positioned in Marianna city limits along Penn Ave, near US-90 and I-10 exit 136, offering solid regional connectivity and traffic
- Private Equity Backed Tenant: Classic Collision was purchased by the 4th largest PE firm in the world, TPG in April of 2024.
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,858 SF
Building Class
C
Year Built
1968
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.57 AC
Frontage
100’ on PENN AVE
Amenities
- Storage Space
Property Taxes
| Parcel Number | 05-4N-10-0000-0050-0040 | Improvements Assessment | $215,833 |
| Land Assessment | $40,625 | Total Assessment | $256,458 |
Property Taxes
Parcel Number
05-4N-10-0000-0050-0040
Land Assessment
$40,625
Improvements Assessment
$215,833
Total Assessment
$256,458
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