| PANAMA CITY, FL | |
| Location: | Panama City, FL 23rd St. & Palo Alto Blvd. across from Panama City Mall |
| Tenants: | Petsmart - 20,057 SF - 10 year lease Chili's - 5,700 SF Free Standing Restaurant - 15 year ground lease Eye Land Optical - 1,285 SF - 5 Year Lease Nextel - 1,285 SF We The People of P.C. - 1,285 SF |
| Retailers in the area include: | Panama City Mall is anchored by Dillard's, J.C. Penney and Sears. Other area retailers and restaurants include Target, Office Max, Albertsons, Home Depot, Lowe's, Circuit City, Wal-mart, Office Depot, Publix, TGI Friday, Outback Steakhouse, Olive Garden, Pier One, T.J. Maxx, Michael's, Applebee's, Honey Baked Ham, Gateway Country, Pep Boys, Advance Auto, Champs, Dollar Tree and Payless Shoe Source. |
| Estimated NOI: | $474,788 |
| Price: | $6,780,000, 7% cap |
| Contact: | Mark Drazek CB Richard Ellis Mark.Drazek@cbre.com 407/839-3123 |
| MAP | AERIAL | SITE PLAN | |