$4,800,000
Panama City, FL 32405
MLS# 720446
Status: Sold
17264 sqft
1 / 6
Property Description
17264 square foot medical office building immediately adjacent to Gulf Coast Medical Center. The current tenant is Florida Cancer Affiliates / U.S. Oncology, which was acquired by McKesson (NYSE:MCK). Long-term lease. The seller is replacing the roof at seller's expense. Current NOI = $349,956.
Details
Maps
Contract Info
List Date: 2021-12-01
List Price: $4,800,000
List Price/SqFt: 278.04
Current Price: $4,800,000
Sub-Type: Office
Location
Area: 02 - Bay County - Central
Street #: 2100
Street Name: State
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0203 - Bay - Central SW
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 14168-011-000
Elementary School: Northside
Middle School: Jinks
High School: Bay
Directions: State Avenue. Adjacent to Gulf Coast Medical Center.
Legal Description: Long legals - 2 parcels:
14168-011-000 and 14168-011-001
General Property Info
List Class: Commercial
Construction Status: Construction Complete
# of Units: 2
# of Stories in Building: 1
Acreage: 1.47
SqFt HVAC: 17264
SqFt - Office: 17264
SqFt Tot Bldg: 17264
Year Built: 1991
Status Change Info
Status: Sold
Under Contract Date: 2021-12-01
Sold Date: 2021-12-23
Sold Price: $4,800,000
Sold Price/SqFt: 278.04
Sold Price/Acre: 3265306.12
Income Producing
Building SqFt: 17264
Net Operating Income: 349956
Property Type: Office
Property Features
Accessibility Features: Accessible Approach with Ramp
Energy: AC - 2 or More; AC - High Efficiency
Financing: Cash; Conventional
Offering Type: Sale with Lease
Present Zoning: Commercial
Sale Type: As Is
Utilities: All Utilities
Listing Office: Counts Real Estate Group Inc
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.