For Sale

$2,520,000

12 Thomas DrPanama City Beach, FL 32408

Property records and analytics

Highlights

New 2024 construction, 2,824 square foot building on a 1.05-acre lot.
20-year absolute NNN ground lease with corporate guarantee and 8% rent increases every five years.
High-traffic corner lot (51,000+ vehicles per day) at Panama City Beach Parkway and Thomas Drive.
Last gas station before the Hathaway Bridge.
Prime tourist location in Panama City Beach, which attracted 4.5 million visitors and generated over $3 billion in tourism revenue in 2023.
Murphy USA, a leading retailer with over $25.45 billion in revenue, is the tenant.

12 Thomas Dr, Panama City Beach, Florida

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Kyle Varni

Graham Hickey

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