Frankford Mini-Storage

1717 Frankford Avenue, Panama City, FL 32405

  • For Sale $1,999,000
  • Property Type Industrial - Storage
  • Property Size 23,129 SF
  • Lot Size 1.91 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated May 3, 2024
  • Fire Sprinklers None
  • HVAC None
Two blocks north of 15th Street on Frankfort Avenue. Located between 15th Street and 23rd Street with lighted intersections at both.Presenting a freshly renovated 223± unit self-storage complex, enhanced with 50 new units. Boasting an on-site office, digital signage, and electric access control gates with SiteLink synchronization available, this investment appeals to both corporate investors and owner-operators. While occupancy is currently at 72% and trending upwards post-expansion it is yet to stabilize, providing potential for cap rates north of 10.0% once reaching market vacancies. Ideally situated between the area's major east/west commercial arteries, 15th Street and 23rd Street, this facility is nestled in the heart of Panama City's housing landscape. Reach out today for additional information.

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Highlights

  • 223± Unit Complex in the Heart of Panama City
  • Average Monthly Gross Income North of $16,000
  • 50 New Units Recently Completed
  • More than 2,500 Roofs Within One Mile
  • On Site Office & Smart Fence w/ SiteLink Connectivity Available

Contacts

broker

Christopher Clubbs

Clubbs Real Estate Group

(850) 819-0136

Location

Getting Around

  • Walk Score ®

    43/100 Car-Dependent

  • Transit Score ®

    24/100 Minimal Transit

  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Panama City, FL
  • Neighborhood Meadowbrook
  • Zip Code 32405
  • Market Pensacola

Points of Interest

  • Sam's Club

    0.69 miles

  • Chevron

    0.87 miles

  • Beeline

    1.25 miles

  • Chevron

    1.62 miles

  • Chevron

    1.87 miles

  • Exxon

    1.94 miles

  • Exxon

    1.94 miles

  • Chevron

    1.96 miles

  • Mobil

    3.90 miles

  • Exxon

    4.00 miles

  • Harvey De Mathis Park parking

    2.31 miles

  • Harvey De Mathis Park parking

    2.42 miles

  • Tienda Mexicana Maranata

    0.49 miles

  • Burger King

    0.61 miles

  • Copper Tap Grille

    0.72 miles

  • Popeyes

    0.75 miles

  • Holi Indian Grill

    0.88 miles

  • Uncle Ernie's Bayfront Grill

    0.94 miles

  • Slice House

    0.94 miles

  • Capt's Table Fish House Restaurant & Oyster Bar

    0.95 miles

  • McDonald's

    0.97 miles

  • Dunkin'

    1.01 miles

  • Winn-Dixie

    0.87 miles

  • Walmart

    1.54 miles

  • Publix

    1.60 miles

  • Burlington

    2.45 miles

  • Ross

    2.49 miles

  • Dillard's

    2.70 miles

  • Panama City Mall

    2.71 miles

  • Target

    2.73 miles

  • Kohl's

    2.80 miles

  • JCPenney

    2.82 miles

  • CVS Pharmacy

    1.21 miles

  • The Hormone & Wellness Center

    1.55 miles

  • Gulf Coast Medical Center

    1.68 miles

  • Surgical Center For Excellence

    1.69 miles

  • Emerald Coast Behavioral Hospital

    2.06 miles

  • Go Now Doctors Urgent Care

    2.65 miles

  • Panama City Fire Prevention

    2.85 miles

  • Bay Medical Center

    3.05 miles

  • Bay County Sheriff's Office

    3.26 miles

  • Bay Medical Sacred Heart Family Medicine

    3.85 miles

Frequently Asked Questions

What is the lease rate for Frankford Mini-Storage?

Rental asking rate at Frankford Mini-Storage is $999,500.00/YR.

What is the total square footage of Frankford Mini-Storage?

Frankford Mini-Storage totals 23,129 square feet.

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Contact Listing Broker

broker

Christopher Clubbs

Clubbs Real Estate Group

(850) 819-0136