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917 Harrison Ave 2,500 SF Retail Building Panama City, FL 32401 $1,265,000 ($506/SF) 9% Cap Rate
Investment Highlights
- Year-round Tourism: More than 17 millions visitors annually visit Bay County to visit the area’s beaches, water activities & festivals.
- Bay High School: This 1,300-student high school is just 0.3 miles from Green Dragon’s location which ensures year-round activity and daily traffic.
- Medical Trade Area: The region’s two largest hospitals, combining for over 500 beds, are located within 1.5 miles of the Green Dragon site.
Executive Summary
1. Panama City Mall Redevelopment: Less than two miles from the property, the former Panama City Mall is planned for mixeduse redevelopment by Hendon Properties, with conceptual plans calling for over 600,000 square feet of retail, hotel, and residential space.
2. Medical Corridor: Positioned between Ascension Sacred Heart Bay and HCA Florida Gulf Coast Hospital, the property sits within one of Bay County’s most active healthcare
corridors.This setting supports a steady daytime population of professionals, patients, and visitors, creating a natural environment for wellness-focused retail and service concepts. The consistent flow of nearby healthcare traffic reinforces longterm stability and demand within the immediate trade area.
3.Daily Traffic: Located just 0.38 miles north along Harrison Avenue, Bay High School enrolls approximately 1,300 students and serves as a key community institution. The school’s daily operations, athletic programs, and campus events generate consistent local activity that contributes to the corridor’s vitality and long-term retail stability.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Manufacturing
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$9.99
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Green Dragon operates premium marijuana dispensary locations throughout Colorado, offering top-quality products at the best prices. Whether you’re a cannabis connoisseur or this is your first time purchasing from a marijuana dispensary in Colorado, we’ve got a product that suits your needs. Our cannabis is grown in state-of-the-art cultivation facilities, ensuring that it meets the highest standards. Green Dragon offers a different type of shopping experience from the traditional marijuana dispensary. No high-pressure sales; just great customer service with our friendly, knowledgeable staff.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Manufacturing | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 18085-000-000 | Improvements Assessment | $236,768 |
| Land Assessment | $112,500 | Total Assessment | $349,268 |
Property Taxes
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917 Harrison Ave
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