MLS # $700,000 4,039 SF Free-Standing Retail Building with Fenced Lot on West 15th Street in Panama City, FL

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1 MLS # $700,000 4,039 SF Free-Standing Retail Building with Fenced Lot on West 15th Street in Panama City, FL th 1040 West 15 Street Panama City, FL

2 Presented By: Don Nations Nations Real Estate 2325-A Frankford Avenue, Suite A Panama City, FL dfnations@aol.com , Office , Mobile , Fax This is a 4,000 SF free-standing retail building with great visibility on 15th Street. The 0.86 acre lot is fenced in the back with plenty of parking on the front and side. This location has previously been a car lot, but could be a great location for any retail user West 15th Street Panama City, FL Price Space Type Size Year Built Lot Dimensions Parking Street Frontage $700,000 Freestanding Retail 4,000 SF x Free Surface Spaces are Available 125 on West 15th Street with one curb cut and 300 on Degama Avenue Information contained herein was obtained from sources believed reliable; however, Nations Real Estate, LLC makes no guarantees, warranties or representations as to the completeness or accuracy thereof. This presentation of the property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.

3 Property Photos

4 Location Information This property is located on the northeast corner of West 15 th Street and DeGama Avenue in Panama City. It is next door to the U-Haul Center which is currently expanding & Firestone Automotive. It is located in close proximity to Enterprise Rent-a-car and many other retail and restaurant locations. Zoning Information This property is Zoned C-2 C-2, Plaza Commercial: The purpose of this zone is to provide areas for the continuation, expansion, and creation of business enterprise.

5 Demographic and Traffic Information Radius Ring Demographic Summary Report 1 Mile 3 Miles 5 Miles 2010 Population 5,956 35,051 76, Projected Population 6,872 39,073 87, Households 2,594 15,109 31, Projected Households 2,981 16,703 35, Average Household Income $45,038 $55,268 $60, Median Household Income $32,348 $39,094 $44,088 Traffic Counts Street Cross Street Cross Street Distance Distance from Subject Count Year Traffic Volume West 15 th Street Caroline Bouleavrd 0.03 W 0.23 Miles ,500 MPSI West 15 th Street Wood Avenue 0.04 W 0.34 Miles ,000 MPSI Lisenby Avenue 16 th Street 0.03 S 0.40 Miles ,000 MPSI Florida Avenue West 14 th Street 0.04 N 0.51 Miles ,700 MPSI West 15 th Street Mulberry Avenue 0.03 E 0.72 Miles ,500 MPSI Airport Road 21 st Street 0.06 NW 0.77 Miles ,600 MPSI West 15 th Street Fountain Avenue 0.02 E 0.78 Miles ,000 MPSI West 11 th Street Bell Avenue 0.02 W 0.82 Miles ,000 MPSI Airport Road West Norwood Drive 0.08 SE 0.88 Miles ,800 MPSI Frankford Avenue 16t Street 0.02 N 0.89 Miles ,000 MPSI

6 Panama City, the county seat of Bay County, is located in the Florida Panhandle on beautiful St. Andrews Bay by the Gulf of Mexico. Known as a popular tourist destination, Panama City is alive with activity, from quaint specialty shops to familiar national stores of all kinds and from superb local dining establishments to familiar restaurants. Now, through the efforts and dedication of many, the opportunity to expand development northward is becoming a reality. Major contributors to the continued growth and success of Panama City are Port Panama City located in the protected harbor of St. Andrews Bay, the Panama City and St. Andrew's Marinas located on Florida's Intercostals Waterway, and the higher education opportunities provided by the continued growth of Gulf Coast State College, Florida State University-Panama City, and Troy University-Panama City. Named one of the 100 Best Small Art Towns in America, the city is home to the Marina Civic Center and the Visual Arts Center. The almost-perfect weather, friendly atmosphere, numerous activities and exciting possibilities combine to make Panama City a great place to live, work and play.