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8416 Thomas Drive
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PRICED AT ONLY: $1,300,000

Address: 8416 Thomas Drive, Panama City, FL 32408

Description

Incredible investment opportunity! Excellent location for flex space. The interior of the property boasts 3 offices, a lobby/reception area, kitchen and bath as well as approx 2,500 sqft of warehouse space with two 10x10 bay doors. The exterior boasts a fended in lay down yard and Thomas Drive frontage. Currently occupied by a general contractor tenant with income of $6,500/month NNN. Present lease term ends at the end of 2026. Great opportunity for retail, auto repair, contractors and more. Rare find in a location like this!

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More Like This
  • MLS#: 785151 ( CommercialSale )
  • Street Address: 8416 Thomas Drive
  • Viewed: 4
  • Price: $1,300,000
  • Price sqft: $361
  • Waterfront: No
  • Year Built: 1983
  • Bldg sqft: 3600
  • Days On Market: 19

Description

Incredible investment opportunity! Excellent location for flex space. The interior of the property boasts 3 offices, a lobby/reception area, kitchen and bath as well as approx 2,500 sqft of warehouse space with two 10x10 bay doors. The exterior boasts a fended in lay down yard and Thomas Drive frontage. Currently occupied by a general contractor tenant with income of $6,500/month NNN. Present lease term ends at the end of 2026. Great opportunity for retail, auto repair, contractors and more. Rare find in a location like this!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: BEL AIR LOTS 29 & 30 BLK 8 ORB 4663 P 1134
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Occupied
  • Parcel Number: 30327-000-000
  • Possible Use: Commercial
  • The Range: 0.00
Nearby Subdivisions
[no Recorded Subdiv]   Bel Air   Bel Air 1st Add   Gulf Lagoon Beach   Lagoon Heights   Laketown Wharf   No Named Subdivision   Treasure Cove  
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