3910 23rd Ct W, Panama City, FL

More information about this $1,250,000 Commercial Property at rd Ct W

This $1,250,000 Commercial Property at rd Ct W in PANAMA CITY, FL is listed by Chris McCall . This $1,250,000 Commercial Property, located in the 32405 zip code , has the following property features: Floors , MLS Area , MLS Area , MLS Area . This rd Ct W Commercial Property, located in Bay County, is listed under MLS listing number 394807, has beds, 0 baths, and has a listing price of $1,250,000. You can find additional PANAMA CITY homes for sale listed by Chris McCall by browsing Chris McCall real estate at HomesAndLand.com. You can also learn more about buying and selling a home with Homes & Land real estate tips.

$1,250,000 Commercial Property for Sale
MLS#: 394807

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ID# 12982405

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Chris McCall

Counts Real Estate Group
2104 Thomas Drive
Panama City Beach, FL 32408

Main Phone (850)814-9889
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Property Description

19,320 square feet of ... showroom, office and distribution space leased to Goodman Distribution on a long term "triple-net" basis. The building was completely renovated in the Winter of 2008. Goodman Distribution is one of the leading air conditioning and heating equipment suppliers in the country. The estimated net operating income is $118,300 with annual escalations. That is a 9.5% capitalization rate for this low-maintenance building with a strong credit tenant. Please call for detailed lease terms and financial analysis. For more information regarding Goodman Manufacturing, please visit their website at "goodmanmfg.com". This is a great building for any investor. MLS# 394807.

Property Features

Market Status Available
Property Type Commercial Property
Year Built 1985
Stories 1.0
Building Features
Roof: Metal Roof

Stories: 1 Story
Interior Features
Floors: Concrete Floors, Vinyl Flooring
Location
MLS Area: 02

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Chris McCall

Counts Real Estate Group
Panama City Beach, FL 32408

Main Phone (850)814-9889

Estimate monthly payments for this property:

3910 23rd Ct W,
Panama City, FL 32405

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