US-98 & N Alf Coleman Rd - Auto Repair FOR SALE


Panama City Beach, FL 32407
$1,619,048 USD
847-722-0865
US-98 & N Alf Coleman Rd, Panama City Beach, FL for Sale
$1,619,048 USD
Auto Repair - FOR SALE
1/13
null | 5.25% Cap Rate

US-98 & N Alf Coleman Rd
Panama City Beach, FL 32407


HIGHLIGHTS

  • CORPORATE GROUND LEASE
  • CONSISTENT FINANCIAL GROWTH
  • INFLATION HEDGE
  • 2ND FASTEST GROWING METRO AREA
  • PASSIVE OWNERSHIP
  • HIGH PROFILE LOCATION

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this brand-new Take 5 Oil Change in Panama City Beach, FL. The investment opportunity features a 20-year corporate-backed ground lease with 10% rental increases every 5 years and four (4) 5-year options. The site benefits from direct frontage on Panama City Beach Pkwy (U.S. 98), a main east-to-west thoroughfare connecting Pensacola to Palm Beach (671 miles).

FOR SALE DETAILS

PRICE

$1,619,048 USD

PRICE/SF

$1,132 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change - Panama City Beach, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Zack HilgendorfAtlantic Capital PartnersMore Info
847-722-0865

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Zack HilgendorfAtlantic Capital PartnersMore Info
847-722-0865

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