SQUARE FEET22,000
MLS#787317
STATUSActive
PROPERTY TYPECommercial - Office
Property Description
2420 Jenks Avenue offers investors the opportunity to acquire a fully leased commercial property in Panama City, Florida. The asset consists of approximately ±22,000 square feet across three buildings situated on two parcels (Bay County Parcel ID's 13016-122-000 and 13016-122-070). The improvements include two buildings totaling ±8,000 RSF each and one building of approximately ±6,000 RSF. The property is currently 100% leased, providing immediate in-place income. Recent capital improvements include new roofs installed in 2022. The property is being offered at an 8. 63% cap rate and owner financing is available. 2420 Jenks Avenue is located in a well-established commercial corridor in Panama City with convenient access to surrounding business districts and major transportation routes.
Property Features
Property Type: Commercial - Office
Lot Size: 2.68 Acres
Stories: 1.0
Year Built: 2007
Feature Descriptions
Days on Site: 26
Parcel#: 13016-122-000
Local Schools
High School: Bay
Middle School: Jinks
Elementary School: Hiland Park
Listed By / Shown By
Listed By
Agency Name: NAI TALCOR
Shown By
Agent Name: The Moats Group
Agent Phone: (601) 270-6435
Agency Title: Premier Property Group
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2420 Jenks Avenue | MLS# 787317
This commercial property located at 2420 Jenks Avenue, Panama City, FL 32405 is currently listed for sale with an asking price of $4,000,000. Search Panama City real estate on themoatsgroup.premierfl.com today.