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226 W 23rd St
Panama City, FL 32405
Retail Property For Sale
Investment Highlights
- HCA Hospital Proximity: Your property is directly adjacent to HCA Florida Gulf Coast Hospital.
- Newly Constructed: Built in 2022 your property will have little upkeep which positions investors to benefit from long-term durability and stability.
- Big-Box Retailers: Located near Publix, Walmart, Lowe’s, Home Depot, Target, and Sam’s Club, generating strong daily traffic for your property.
Executive Summary
STNL.com is pleased to present this 100% fee simple single tenant Cookies Cannabis Dispensary located in Panama City, FL, one of Florida’s top tourist destinations. Three
reasons to own this property include:
1. HCA Hospital Proximity: The property is directly adjacent to HCA Florida Gulf Coast Hospital, a 282-bed regional medical center employing over 1,300+ professionals. This proximity drives consistent foot traffic from hospital staff, patients, and visitors, supporting strong and reliable retail demand year-round.
2.Surrounding Big-Box Retail Presence: Located within a dense retail corridor, the property is surrounded by national bigbox anchors including Publix, Walmart, Lowe’s, Home Depot, Target, and Sam’s Club. These retailers generate significant daily traffic, enhancing visibility and attractiveness for both national and local tenants.
3.New Construction: Constructed in 2022, the property is a newly constructed asset offering the advantages of minimal wear and long-term structural reliability. Its new build reduces near-term maintenance needs and supports stable performance and value over time.
reasons to own this property include:
1. HCA Hospital Proximity: The property is directly adjacent to HCA Florida Gulf Coast Hospital, a 282-bed regional medical center employing over 1,300+ professionals. This proximity drives consistent foot traffic from hospital staff, patients, and visitors, supporting strong and reliable retail demand year-round.
2.Surrounding Big-Box Retail Presence: Located within a dense retail corridor, the property is surrounded by national bigbox anchors including Publix, Walmart, Lowe’s, Home Depot, Target, and Sam’s Club. These retailers generate significant daily traffic, enhancing visibility and attractiveness for both national and local tenants.
3.New Construction: Constructed in 2022, the property is a newly constructed asset offering the advantages of minimal wear and long-term structural reliability. Its new build reduces near-term maintenance needs and supports stable performance and value over time.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,245 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Price
$3,270,476 CAD
Price Per SF
$1,456.78 CAD
Cap Rate
7.51%
NOI
$245,457 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.68 AC
Zoning
PC09
Parking
31 Spaces (13.81 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 13016-010-020 | Improvements Assessment | $661,218 CAD |
| Land Assessment | $1,010,441 CAD | Total Assessment | $1,671,659 CAD |
Property Taxes
Parcel Number
13016-010-020
Land Assessment
$1,010,441 CAD
Improvements Assessment
$661,218 CAD
Total Assessment
$1,671,659 CAD
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