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1114-1120 Thomas Dr
Panama City Beach, FL 32408

$2,200,000 USD

Restaurant For Sale  •  7,487 SF

Property Details

• Property Type Restaurant
• Total Building Size 7,487 SF
• Lot Size 0.53 AC
• Building Class B
• Year Built 2008
• Cap Rate 4.20 %
• Tenancy Multiple
• Zoning C-3

0 Transit Score

27 Walk Score

Highlights

Stable Tenants and Great Location/Visibility

Financial Summary (Actual)

Net Operating Income: $149,580 USD (2023)

Cap Rate:	4.20 %
Total Expenses:	$50,000 USD

Amenities

• Dedicated Turn Lane
• Signalized Intersection

Public Transportation

Airport	Drive	Walk	Distance
Northwest Florida Beaches International	33 min	-	21.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	44
Type:	Surface
Included in Rent:	Yes