698 W 23rd St | Panama City, FL 32405
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698 W 23rd St
Panama City, FL 32405
Take 5 Oil Change · Retail Property For Sale
Investment Highlights
- New 15-year corporately guaranteed ground lease provides passive ownership and stable cash flow
- Take 5 Oil Change operates 800+ locations in the US and Canada and is owned by Driven Brands, the largest automotive services company in North America
- High-profile signalized corner location at the main entrance to three regional shopping centers anchored by Walmart Supercenter, Publix, and TJ Maxx
- 75,000 residents within 5 miles with an average household income of over $84,000
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,373 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.23 AC
Zoning
PC09 - Commercial Lot
Parking
2 Spaces (1.46 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 13015-302-000 | Improvements Assessment | $60,163 |
| Land Assessment | $402,207 | Total Assessment | $462,370 |
Property Taxes
Parcel Number
13015-302-000
Land Assessment
$402,207
Improvements Assessment
$60,163
Total Assessment
$462,370
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