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  • Price$4,939,000
  • SQ. Feet27,300
  • Acres2.78
  • Built2009

4001 W 23rd Street, Panama City

Comcast Building is a unique investment opportunity. This 27,300 sq ft center offers frontage on 23rd St, ample parking, and additional storage in the rear. Currently offered at 8.25% cap rate with NOI at +/- $408,000. Leases are NNN. Comcast occupies approximately 21,400 sq ft and just renewed this year for an additonal 5 year term. American Cancer Society is the 2nd tenant and occupied 3,900 sq. ft. The remaining 2000 sq ft of space is available for lease at $17/ft NNN. The building sustained virtually no damage from the hurricane with the exception of a fence at the rear of the property and the monument sign, which has already been replaced.

Essential Information

  • MLS® #690397
  • Price$4,939,000
  • Square Footage27,300
  • Acres2.78
  • Year Built2009
  • TypeCommercial Sales
  • Sub-TypeIncome Producing
  • StyleCommercial
  • StatusActive

Amenities

  • UtilitiesAll Utilities

Exterior

  • ConstructionFloor - Concrete, Siding - Stucco, Steel/Frame

Additional Information

  • Date ListedNovember 1st, 2019
  • Days on Market10
  • ZoningCommercial
  • HOA$0

Community Information

  • Address4001 W 23rd Street
  • Area02 - Bay County - Central
  • Subdivision[No Recorded Subdiv]
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32405

Interior

  • # of Stories1

School Information

  • ElementaryLucille Moore
  • MiddleJinks
  • HighBay

Listing Details

  • Listing OfficeCounts Real Estate Group Inc
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service