226 W 23rd St - Retail FOR SALE


Panama City, FL 32405
$2,390,000 USD
689-666-9560
226 W 23rd St, Panama City, FL for Sale
$2,390,000 USD
Retail - FOR SALE
1/5
null | 7.51% Cap Rate

226 W 23rd St
Panama City, FL 32405


HIGHLIGHTS

  • HCA Hospital Proximity: Your property is directly adjacent to HCA Florida Gulf Coast Hospital.
  • Big-Box Retailers: Located near Publix, Walmart, Lowe’s, Home Depot, Target, and Sam’s Club, generating strong daily traffic for your property.
  • Newly Constructed: Built in 2022 your property will have little upkeep which positions investors to benefit from long-term durability and stability.

OVERVIEW

STNL.com is pleased to present this 100% fee simple single tenant Cookies Cannabis Dispensary located in Panama City, FL, one of Florida’s top tourist destinations. Three reasons to own this property include: 1. HCA Hospital Proximity: The property is directly adjacent to HCA Florida Gulf Coast Hospital, a 282-bed regional medical center employing over 1,300+ professionals. This proximity drives consistent foot traffic from hospital staff, patients, and visitors, supporting strong and reliable retail demand year-round. 2.Surrounding Big-Box Retail Presence: Located within a dense retail corridor, the property is surrounded by national bigbox anchors including Publix, Walmart, Lowe’s, Home Depot, Target, and Sam’s Club. These retailers generate significant daily traffic, enhancing visibility and attractiveness for both national and local tenants. 3.New Construction: Constructed in 2022, the property is a newly constructed asset offering the advantages of minimal wear and long-term structural reliability. Its new build reduces near-term maintenance needs and supports stable performance and value over time.

FOR SALE DETAILS

PRICE

$2,390,000 USD

PRICE/SF

$493 USD /SF

CAP RATE

7.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

PC09

APN/PARCEL ID

13016-010-020

ASK ABOUT THIS PROPERTY

Mark ThompsonSTNL.comMore Info
689-666-9560

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Mark ThompsonSTNL.comMore Info
689-666-9560

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