Retail Space
7905 Front Beach Road Panama City Beach, FL 32407
Details & Description
Price: $1,767,000
    SRS National Net Lease Group is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, newly built, franchisee guaranteed, drive-thru equipped, Guthrie’s investment property located in Panama City Beach, FL. The tenant has over 13 years remaining in their initial lease term with 3 (5-year) option periods to extend, with 10% rental increases at the beginning of each option period. The lease is franchisee guaranteed for the entire term of the lease and is NNN with landlord responsibilities limited to roof, structure, foundation, and HVAC (only repairs in excess of $1,000 per occurrence), making it a low management investment opportunity for a passive investor.
    Property ID:    255915
    Property URL: melqr.com/255915
    Generated:    04-24-24
    Listing Agents
    Dale Robbins

    O: 949-270-8200
    M: 213-905-0843
    dale.robbins@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Retail Space / Florida / Panama City Beach / 32407 / 7905 Front Beach Road

    7905 Front Beach Road

    Panama City Beach, FL 32407

    Listing ID: 255915
    Print Single-Page Version
    7905 Front Beach Road Panama City Beach, FL 32407 | for Sale | Photo 1
    Building Size: 2,083 SF
    Lot Size: 1.500 AC
    Land Size: 65,340 SF
    Building $/SF: $848.30
    Land $/SF: $27.04
    Price
    $1,767,000
    Description

    SRS National Net Lease Group is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, newly built, franchisee guaranteed, drive-thru equipped, Guthrie’s investment property located in Panama City Beach, FL. The tenant has over 13 years remaining in their initial lease term with 3 (5-year) option periods to extend, with 10% rental increases at the beginning of each option period. The lease is franchisee guaranteed for the entire term of the lease and is NNN with landlord responsibilities limited to roof, structure, foundation, and HVAC (only repairs in excess of $1,000 per occurrence), making it a low management investment opportunity for a passive investor.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Panama City Beach Area Market Trends

    Listing Demographics for 7905 Front Beach Road Panama City Beach, FL 32407

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population5,64336,29968,608
    Population Median Age394242
    Population by Age0-9 Yrs732 (12%)3733 (10%)7386 (10%)
    10-19 Yrs562 (9%)3280 (9%)6080 (8%)
    20-29 Yrs795 (14%)5207 (14%)9393 (13%)
    30-39 Yrs874 (15%)4988 (13%)9130 (13%)
    40-49 Yrs607 (10%)4336 (11%)8169 (11%)
    50-59 Yrs934 (16%)5884 (16%)10714 (15%)
    60-69 Yrs662 (11%)4506 (12%)8779 (12%)
    70+ Yrs476 (8%)4365 (12%)8956 (13%)
    Median HH Income$57,228$56,541$58,350
    Total Household Income< 24K469 (19%)3137 (19%)5926 (19%)
    25-49K545 (22%)3872 (24%)6803 (22%)
    50-74K476 (19%)3224 (20%)5618 (18%)
    75-99K404 (16%)2088 (13%)3791 (12%)
    100-199K430 (17%)2890 (18%)5987 (20%)
    200K+99 (4%)784 (4%)1646 (5%)
    Highest Education LevelNo Diploma31818173292
    Diploma or GED1142819914509
    Some College909637111987
    Assoc. Degree42227635402
    Bachelors Degree819522710054
    Higher Degree38526745841
    Total Housing Units3,06435,05054,591
    --Owner-Occupied1,2789,43719,003
    --Renter-Occupied1,1456,55810,767
    Owner-Occupied Values< 100K16612902550
    100-199K47628845174
    200-299K33726075392
    300-399K20312202657
    400-499K496611601
    500K+467751630
    Total Working Age Population4,59430,84457,707
    In Work Force3,22019,88836,237
    Not In Work Force1,37410,95621,470
    Workforce Employed2,95118,09033,180
    Workforce Unemployed1491,0151,828
    Civlian Workforce3,10019,10535,008
    Military Workforce1207831,228
    Total Households2,42315,99529,771
    Family Households1,4009,16817,500
    Non-Family Households1,0236,82712,271
    Married Couple1,0176,92613,333
    Other Family3832,2424,167
    Married w/Child3471,8453,645
    Single Male w/Child66227411
    Single Female w/Child1509411,807

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Bay County148,217+14168,852+6178,486+11198,223
    Walton County40,601+3655,043+3071,814+2589,478

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 7905 Front Beach Road in Panama City Beach?
    The asking price for 7905 Front Beach Road is $1,767,000
    What is the building size of this Retail property in Panama City Beach, FL?
    The size of the building/unit at 7905 Front Beach Road in Panama City Beach is 2,083 square feet
    How much land does the Panama City Beach, FL property at 7905 Front Beach Road include?
    7905 Front Beach Road in Panama City Beach includes 1.500 acres of land
    What kind of Retail is the propery at 7905 Front Beach Road?
    The property at 7905 Front Beach Road Panama City Beach, FL 32407 is listed as a Food Service Retail property
    What is the population within 1 mile of 7905 Front Beach Road in Panama City Beach?
    The population within 1 mile of 7905 Front Beach Road Panama City Beach, FL 32407 is 5,643 people.
    Who do I contact for questions about 7905 Front Beach Road?
    You should contact the listing agent, Dale Robbins, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Destin-Ft Walton Beach Airport (VPS) 49
    Tallahassee Regional Airport (TLH) 86
    Montgomery Regional (Dannelly Field) Airport (MGM) 151
    Price
    $1,767,000
    Listing Agent
    Dale Robbins - CRE Agent at

    Dale Robbins

    SRS Real Estate Partners

    VIEW AGENT PROFILE

    CONTACT AGENT

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