Former Burger King

Retail-Commercial for Sale
Catylist Listing ID: 30836120
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Restaurant, Retail-Pad
Building Size (RSF): 3,486 SF
Sale Price: $1,250,000
Unit Price: $358.58 PSF
Has Drive-Thru? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/2/2023

Overview / Comments

Site of former Burger King in front of Gilberg's Plaza. Building was damaged during Hurricane Sally. Perfect spot to develop a brand new building along a busy road!

Frontage on Highway 77/Martin Luther King Jr. Blvd, with AADT of 29,000.

Additional Details

Nearest MSA: Panama City
County: Bay
Tax ID/APN: 12954-040-000
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Highway 77
Traffic/Vehicle Count: 29,000
Airports: ECP
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Poor
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,573 55,382 94,486
Median Age: 38.2 38.51 39.7
Households: 1,604 22,600 38,867


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