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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
160’ on W 23rd St

Property Taxes

Property Taxes

Parcel Number
13015-302-000
Land Assessment
$402,207
Improvements Assessment
$60,163
Total Assessment
$462,370
  • Listing ID: 28499911

  • Date on Market: 5/16/2023

  • Last Updated:

  • Address: 698 W 23rd St, Panama City, FL 32405

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