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.
Listed By
Agency Name: NAI TALCOR
Shown By
Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351
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2420 Jenks Avenue, Panama City, FL 32405.
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2420 Jenks Avenue, Panama City, FL 32405.
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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 www.beachybeach.com today.