AAdvantage Relocation Inc. presents this fully occupied, NNN-leased flex portfolio opportunity in Panama City, Florida. Comprising two large-scale warehouses (30,750 square feet and 22,545 square feet) and two smaller, single-tenant warehouses (4,400 square feet and 4,000 square feet) on a combined 7 acres. The portfolio’s assets are all adjacent and are to accommodate a variety of flex/industrial uses. The properties minimize future capital expenditures, as approximately $1,500,000 in recent renovations have occurred since 2023. The upgrades include new roofing, siding, fencing, offices, and more. The assets are 100% leased to an array of robust tenants. The tenant mix is as follows: Intellistructure, Synergy, E.F. San Jaun, and Oxford Technologies Corp. All leases have annual escalations and generate an annual NOI of $611,377. Panama City’s booming industrial market paints a positive outlook for increased returns, with a five-year average annual rent growth of 7.5% and a 3% average vacancy rate. Rates also rose 1.5% more than the national average year-over-year as of Q4 2025. The portfolio is situated adjacent to the Port Panama City Intermodal Distribution Center and high-profile tenants such as Home Depot, Amazon, and FedEx, underscoring the area’s robust capabilities. Located off US Highway 231, less than 25 miles from Interstate 10, the site offers quick connectivity to the Panama City, Panama City Beach, Walton County, Destin/Niceville, and Tallahassee markets. The region's employment base is diversified, with major employers including Bay District Schools, Eastern Shipbuilding Group, Gulf Coast Medical Center, and manufacturers like Trane, WestRock, and Berg Steel Pipe Corp. This blend of public, industrial, and healthcare employment provides a stable foundation for long-term growth. Infrastructure investments have further elevated Panama City's economic profile. The Northwest Florida Beaches International Airport (ECP) - the nation's newest greenfield airport and the first built to LEED standards since 1995 - connects the region to over 650 domestic and international destinations via major carriers including American, Delta, Southwest, and United. This connectivity enhances business travel and supports regional expansion. Port Panama City rounds out the area's multimodal logistics capabilities. As a growing deep-water gateway with competitive access to Mexico, the port has benefited from recent capital improvements and plans to expand cargo tonnage. It supports a full spectrum of transport modes- trucks, rail, containers, barges, roll-on/roll-off cargo ships (RO-RO), and deep-water vessels. Inquire today to learn more about this multi-asset flex/industrial opportunity, ideally located in Panama City’s thriving industrial corridor.