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listing
1 of 5
CommercialFor Sale
$2,200,000
1114-1120 Thomas Drive
Panama City Beach, FL 32408
Listing Office: Varnes Realty
MLS: Central Panhandle Association of Realtors
7,487Sq Ft
Est. Mortgage
$11,456/mo

The structure is a Class A, Retail/Office, 6,901 square feet building with tremendous upside. It is constructed of concrete poured block and steel beam supported ceilings. The roof is tile and one-piece member of rubber. It is equipped with a complete fire sprinkler system and is monitored on a 24/7 basis. The complex also has ample parking and excellent signage on Thomas Drive. The building consists of 2 units with one at 4985 square feet and the other at 1916 square feet. Taylor's Restaurant (previously Egg & I Restaurant) currently occupies the 4985 square feet unit. They are currently in their 3rd 5-year lease term. Realty One Group of the Emerald Coast occupies the remaining 1916 square feet of the building. They have a 2-year lease which ends Sept 2025.

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Information courtesy of Varnes Realty is subject to verification and is not guaranteed.
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