300-302 W 23rd St | Panama City, FL 32405
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- LoopNet Team
300-302 W 23rd St
Panama City, FL 32405
Slim Chickens - Panama City · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations every 5 Years
- Five Personal Guarantees Back the Performance of the Lease with a Combined Net Worth In Excess of $18.8 Million!
- Well Positioned in Dominant Retail Corridor with Excellent Drive-By Visibility on Main East/West Thoroughfare, where Traffic Counts Exceed 36,200 CPD!
- North Florida Restaurant Group, Inc. Operates a Total of 5 Restaurants (4 Sonic Drive-Ins & 1 Slim Chickens Restaurant)
- New, High-Quality Build-to-Suit Construction of Slim Chicken’s Latest Prototype!
- Total Population (5-MI): 83,276 | Average Household Income (1-MI): $65,708
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,400 SF
Building Class
B
Year Built
2020
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.90 AC
Zoning
GC 1
Parking
37 Spaces (4.35 Spaces per 1,000 SF Leased)
Frontage
129’ on W 23rd St
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 13016-010-010 | Improvements Assessment | $484,733 |
| Land Assessment | $980,000 | Total Assessment | $1,464,733 |
Property Taxes
Parcel Number
13016-010-010
Land Assessment
$980,000
Improvements Assessment
$484,733
Total Assessment
$1,464,733
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