10100 Hutchison Blvd - Storefront FOR SALE


Panama City Beach, FL 32407
$2,760,000 USD
850-814-9889
10100 Hutchison Blvd, Panama City Beach, FL for Sale
$2,760,000 USD
Storefront - FOR SALE
1/14
null | 6.51% Cap Rate

10100 Hutchison Blvd
Panama City Beach, FL 32407


HIGHLIGHTS

  • Central Location in Panama City Beach - Across from Super WalMart
  • Traffic Light at the Entrance
  • Stable 100% Occupancy
  • Masonry (concrete block) construction

OVERVIEW

Prime commercial retail investment opportunity located in the heart of Panama City Beach, Florida. Beachside Marketplace was built in 2009 and has stable 100% occupancy. Comprised of 10,174 square feet and divided into six units, the building was constructed of concrete block masonry and a TPO roof. There is tremendous upside as the majority of leases are below current market rental rates. Premier location directly across the street from the Super WalMart with a traffic light at the entrance to Beachside Marketplace aligned with the Panama City Beach Fire Station across the street. Contact the listing broker for detailed financials, lease, and property information.

FOR SALE DETAILS

PRICE

$2,760,000 USD

PRICE/SF

$273 USD /SF

CAP RATE

6.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beachside Marketplace

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

CH-Commercial High Intens

APN/PARCEL ID

34881-008-000

ASK ABOUT THIS PROPERTY

Chris McCall, SIORCounts Real Estate Group Inc.- Commercial DivisionMore Info
850-814-9889

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Chris McCall, SIORCounts Real Estate Group Inc.- Commercial DivisionMore Info
850-814-9889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.