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2131 East Ave N
Panama City, FL 32405

Price Upon Request

Self Storage For Sale  •  31,770 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 31,770 SF
  • Lot Size 7.65 AC
  • Building Class C
  • Year Built 2003
  • Zoning C-3A
0 Transit Score
11 Walk Score

Highlights

Significant land for expansion included in the sale
Excellent visibility with frontage and access from State Highway 389, which sees over 11,800 VPD
Opportunity to add value through improving economic occupancy, and implementing a tenant insurance program
Substantial upside in asking rents relative to surrounding competition, with current asking rates 11-27% below market on average
Very sticky tenant base with 86% of the customers renting their units for over 3 years

Public Transportation

AirportDriveWalkDistance
Northwest Florida Beaches International 36 min - 21.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes