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1602 Martin Luther King Jr Blvd
Panama City, FL 32405 Downtown Panama City

$1,925,000 USD

Light Manufacturing For Sale  •  3,658 SF

Property Details

  • Property Type Light Manufacturing
  • Total Building Size 3,658 SF
  • Lot Size 2 AC
  • Building Class C
  • Year Built 1995
  • Tenancy Single
  • Zoning CG
30 Transit Score
40 Walk Score

Highlights

Brand-new 10-year corporate NNN lease with Avis Car Rental, minimizing landlord obligations.
High-visibility location along a primary Panama City commercial corridor near Panama City Mall.
Percentage rent kicker with performance-based upside built into the lease structure.
Surrounded by national anchors including Target, Lowe’s, and Home Depot, plus hospitality and dining.
Scheduled for opening in May 2026, delivering a fully-leased, turnkey investment asset.
5.2% cap rate with corporate tenant credit offering long-term stability and predictable cash flow.

Property Flyers

Amenities

  • 24 Hour Access
  • Signage

Public Transportation

AirportDriveWalkDistance
Northwest Florida Beaches International 35 min - 21.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Logan Short 850-566-3782 Premier Commercial Group
Logan Short 850-566-3782 Premier Commercial Group