Frankford Mini-Storage

For Sale

1717 Frankford Avenue, Panama City, FL 32405

This Panama City property for sale is located at 1717 Frankford Avenue. The current listed sale price for Frankford Mini-Storage is $1,999,000. Frankford Mini-Storage is situated on a lot that is 1.91 acre in size.

Contacts

broker

Christopher Clubbs

Clubbs Real Estate Group

Property Details

  • Property Type Industrial - Storage
  • Property Size 23,129 SF
  • Lot Size 1.91 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Sep 27, 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

Getting around

  • 43/100

    Walk Score ®

  • 24/100

    Transit Score ®

  • 57/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Circle K

    1.51 miles

  • Murphy USA

    1.89 miles

  • Exxon

    1.94 miles

  • Hertz

    0.29 miles

  • Enterprise

    0.73 miles

  • BK's Car Wash

    1.18 miles

  • Grease Pro Car Wash and Detailing

    3.15 miles

  • Waterworx Car Wash

    3.66 miles

  • Car Wash

    3.95 miles

  • Visions Auto Detailing

    3.99 miles

  • Car Wash In Paradise

    4.74 miles

  • Tidal Wave Auto Spa

    6.39 miles

  • Bk's Car Wash

    6.82 miles

  • Tienda Mexicana Maranata

    0.49 miles

  • Burger King

    0.61 miles

  • Copper Tap Grille

    0.72 miles

  • Tudor's Biscuit World

    0.74 miles

  • Popeyes

    0.75 miles

  • Persis Biryani Indian Grill

    0.76 miles

  • Los Antojitos

    0.78 miles

  • Domino's

    0.88 miles

  • The Shrimp Boat

    0.88 miles

  • Holi Indian Grill

    0.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Christopher Clubbs

Clubbs Real Estate Group