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Shopping Strip

Shoe Dept. | Cricket Wireless

837 N Tyndall Pkwy, Panama City, FL 32404

Listing Price: $1,495,000

Cap Rate
6.25%
Gross SF
5,200
Rentable SF
5,200
Price/Gross SF
$287.50
Lot Size
0.59 acres
Year Built
2007

Investment Overview

Shoe Dept. & Cricket Wireless occupy a 5,200 square-foot building situated on 0.59 acres. There are approximately 5 years left on the NNN leases with two, 5-year renewal options for Shoe Dept. & one, 5-year renewal option for Cricket Wireless. The property is ideally located within the Callaway Commons, with nearby national tenants including Walmart, Dollar Tree, Sally Beauty, Firehouse Subs, and others.

Investment Highlights

  • 5,200 SF Retail Strip, Shadow Anchored by Walmart
  • 100% Occupied
  • High Volume Traffic Area: 39,000 VPD - N Tyndall Pkwy/Hwy 98 & 5,800 VPD - E 7th St
  • Parking Ratio: 4.45/1,000 SF
  • Recently Replaced Roof with Transferrable Warranty
  • Nearby Tyndall Air Force Base has Plans for Massive $5B Re-Development

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Shopping Strip

Shoe Dept. | Cricket Wireless

Listing Price: $1,495,000

Cap Rate
6.25%
Gross SF
5,200
Rentable SF
5,200
Price/Gross SF
$287.50
Lot Size
0.59 acres
Year Built
2007

Investment Highlights

  • 5,200 SF Retail Strip, Shadow Anchored by Walmart
  • 100% Occupied
  • High Volume Traffic Area: 39,000 VPD - N Tyndall Pkwy/Hwy 98 & 5,800 VPD - E 7th St
  • Parking Ratio: 4.45/1,000 SF
  • Recently Replaced Roof with Transferrable Warranty
  • Nearby Tyndall Air Force Base has Plans for Massive $5B Re-Development

Investment Overview

Shoe Dept. & Cricket Wireless occupy a 5,200 square-foot building situated on 0.59 acres. There are approximately 5 years left on the NNN leases with two, 5-year renewal options for Shoe Dept. & one, 5-year renewal option for Cricket Wireless. The property is ideally located within the Callaway Commons, with nearby national tenants including Walmart, Dollar Tree, Sally Beauty, Firehouse Subs, and others.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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