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841 W 23rd St
Panama City, FL 32405
Dollar Tree · Retail Property For Sale
Investment Highlights
- Corporately Guaranteed lease from Dollar Tree who is an investment grade tenant (BBB)
- 4th Option Exercised: Dollar Tree has now executed 4 renewals at this site
- Oversized Lot: Well-Positioned, 15,188 SF building sitting on 2.37 AC of land
- Brand New Roof: Installed September 2022
- Below Market Rent: Dollar Tree is only paying $10.00/SF at this location
- NN+ Lease Structure w/ minimal Landlord Responsibilities
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,408 SF
Building Class
B
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.51 AC
Zoning
PC09
Parking
45 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 14169-110-000 | Improvements Assessment | $717,641 |
| Land Assessment | $1,253,000 | Total Assessment | $1,970,641 |
Property Taxes
Parcel Number
14169-110-000
Land Assessment
$1,253,000
Improvements Assessment
$717,641
Total Assessment
$1,970,641
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