Multi-Restaurant, Commercial Property, Investment Opportunity

Asking Price$2,525,000

Gross Revenue
Not Disclosed

Net Operating Income$225,965

FF&E$175,000
Included in asking price
Building Sq. Ft.7919

Price per Sq. Ft.$306.00

listing imageSave

Multi-Restaurant, Commercial Property, Investment Opportunity


Asking Price$2,525,000

Gross Revenue
Not Disclosed

Net Operating Income$225,965

FF&E$175,000
Included in asking price
Building Sq. Ft.7919

Price per Sq. Ft.$306.00


Seller Financing Available
Property Description
MULTI-RESTAURANT, COMMERCIAL PROPERTY, INVESTMENT OPPORTUNITY

Incredible Investment Opportunity! This Income-Producing Commercial Property Features Three Freestanding Buildings Situated on a High-Visibility Corner Lot along N Tyndall Parkway in Panama City, FL.

Picture Yourself as the Owner of this High-Visibility Corner Property, where Thousands of Potential Customers Pass by Daily…You're Just Minutes from Tyndall Air Force Base, Walmart, and Countless National and Local Retailers...

This Established Commercial Real Estate Investment, Encompasses a Property Owned, Well-Established Seafood, Steak & BBQ Restaurant, along with, an Additional Two, Fully Leased, Freestanding Buildings, Strategically Positioned on a High-Visibility Corner Lot that Enjoy Excellent Access, On-Site Parking, and Prime Frontage on One of the Area's Busiest Thoroughfares, Zoned for Flexible Commercial Use…

The Property Generates a Net Operating Income of $225,965 Annually through the Owner-Operated Restaurant and Two, Fully Leased Separate Parcels, Providing Immediate Cash Flow Opportunities… Current Tenant Mix, Demonstrates the Property's Ability to Attract and Retain, Quality Commercial Operators in this Growing Market Segment.

The Three Freestanding Buildings Offer Flexibility and Multiple Income Streams, Giving You Options whether you want to be a Hands-Off or Hands-On Investor…

This is Your Chance to Own a Piece of One of Florida's Most Promising Commercial Corridors. Properties Like This - Fully Leased, Income-Producing, and in Prime Locations - Don't Come Available Often.

Financial Performance:
• Annual Net Operating Income: $225,965
• Property Type: Fully Leased Commercial Real Estate with Restaurant Operations
• Revenue Model: Triple-Net Lease Structure Providing Stable Cash Flow
• Occupancy Rate: 100% (fully leased)
• Location: High-Traffic Corner Lot on N Tyndall Parkway, Panama City, FL

Property Specifications:
• Total Buildings: 3 Freestanding Commercial Structures
• Zoning: Flexible Commercial Use Designation
• Traffic Exposure: Premium Visibility on Major Thoroughfare
• Parking: On-Site Customer and Employee Parking Included

Market Position:
• Strategic Location: Minutes from Tyndall Air Force Base
• Commercial Density: Proximity to Walmart and Established National/Local retailers
• Market Characteristics: High-Traffic Commercial Corridor with Strong Activity Levels
• Growth Market: Positioned in Rapidly Expanding Panama City Area Market

Investment Highlights:
• Immediate Cash Flow: Fully Leased Property Generating Consistent NOI
• 1031 Exchange Eligible: Qualified for Tax-Deferred Exchange Programs
• Diversified Tenant Base: Multiple Revenue Streams across Three Buildings
• Prime Real Estate: Corner Lot Positioning Maximizes Visibility and Accessibility

Operational Advantages:
• Established Tenant Relationships: Current Lease Agreements in Place
• Flexible Zoning: Accommodates Various Commercial Uses beyond Restaurant Operations
• Infrastructure: Complete Parking and Access Facilities
• Market Access: High-Visibility Location on Established Commercial Thoroughfare
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
Income-Producing Commercial Property Features Three Freestanding Buildings Situated on a High-Visibility Corner Lot along N Tyndall Parkway in Panama City, FL.
Location Description
High-Traffic Corner Lot on N Tyndall Parkway, Panama City, FL
Current and Prior Use
Established Commercial Real Estate Investment, Encompasses a Property Owned, Well-Established Seafood, Steak & BBQ Restaurant, along with, an Additional Two, Fully Leased, Freestanding Buildings, Strategically Positioned on a High-Visibility Corner Lot that Enjoy Excellent Access, On-Site Parking, and Prime Frontage on One of the Area's Busiest Thoroughfares, Zoned for Flexible Commercial Use…
Year Built
2012
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
Possible Owner-Financing with Significant Down Payment
Listing Info
ID:
2467965
Listing Views:
Attached DocumentsAttachment Disclaimer

BBF NON DISCLOSURE AGREEMENT.pdf


Contact Seller

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

Property Listed by: Marty Bombenger Emerald Coast Restaurant Brokers & Consultants

Listing ID: 2467965 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.