Coastal Vibes Luxury Beach Group

2420 Jenks Avenue

Panama City , FL 32405

MLS#: 787317

$4,000,000

Status: Active
Listing number: 787317
Listing provided by: NAI TALCOR
Listing agent phone: None
Last update: 4 hours ago
New on site 1 day ago
Browse Properties
[No Recorded Subdiv] - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2007

Sq.Footage

22,000

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    2.68

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $4,000,000

  • Sq. Footage

    22, 000

  • Price/SqFt

    $181

HOA

  • Association

    No

School District

  • Elementary School

    Hiland Park

  • Middle School

    Jinks

  • High School

    Bay

Property Features

  • Stories

    1

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Location

County

Bay

Elementary School

Hiland Park

Middle School

Jinks

High School

Bay

Listing Courtesy of Brent Faison , NAI TALCOR

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Agent Megan Rhinerson

Realtor

Megan Rhinerson

Call Megan today to schedule a private showing.

(850) 326-7294

megan@coastalvibeslux.com


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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.

2420 Jenks Avenue

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