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4001 W 23rd Street Panama City, FL 32405

  • 27,300 sqft
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Commercial-Active $ 5,950,000

MLS#: 679534

Courtesy of: Counts Real Estate Group Inc

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Description

Tremendous investment opportunity. The Comcast Building is 100% occupied. The building was originally built-to-suit for Comcast who occupies the majority of the building and recently signed a 5-year lease renewal. The other two tenants include The American Cancer Society and Landrum HR. The current Net Operating Income is $438,243. All three leases are triple-net with full operating expense pass-through to the tenants. The building had very little damage from Hurricane Michael and those repairs were quickly taken care of by the landlord. Please call for the Offering Memorandum, which includes detailed lease information, finanancials and building data.

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