For Sale
$2,520,000
12 Thomas Dr Panama City Beach, FL 32408
- Added:
- Dec 11, 2024
- Days on market:
- 135
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.
Property Details for 12 Thomas Dr
- Property type
- Retail properties, Retail space
- Square Feet
- 2,824 SF
- Year Built
- 2024
- Buildings
- 1
- Lot Size (sq. ft)
- 46,174 SF
Location Insight
- City
- Panama City Beach
- County
- Bay
- State
- Florida
- Latitude
- 30.187834
- Longitude
- -85.761497
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 12 Thomas Dr Panama City Beach, FL.
- What is the asking price?
- The asking price for this property is $2,520,000.
- What are key features of this property?
- This property features: 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.
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