3702 E 3rd St | Panama City, FL 32401
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- LoopNet Team
3702 E 3rd St
Panama City, FL 32401
TAYLOR POWER SYSTEMS · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- With nearly 100 years of history, the Taylor Group of Companies has 16 companies under its umbrella, and 1,807 employees worldwide.
- With a recently executed 5-Year Lease, this opportunity provides a long-term and passive investment with zero landlord responsibilities.
- This investment is ±0.5 miles south of U.S. Highway 98, which connects Panama City to other major Gulf Coast cities. Along with proximity to Route 22
- This lease provides rare 3.00% annual rent Increases providing advantageous and consistent cash flow to the owner.
- Florida is one of nine states with no state income tax, contributing to the 6.85% population increase from the latest 2020 census.
PROPERTY FACTS
| Property Type | Industrial | Year Built/Renovated | 1999/2024 |
| Property Subtype | Warehouse | Tenancy | Single |
| Costar Property Class | C | Parking Allocation | 0.5/1,000 sq ft |
| Total Plot Size | 1.75 ac | Eaves Height | 22 ft |
| Net Internal Area (NIA) | 8,008 sq ft | No. Dock-High Doors/Loading | 1 |
| No. Floors | 1 | No. Drive In / Grade-Level Doors | 1 |
| Use Class | MU - Manufacturing | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 1.75 ac |
| Net Internal Area (NIA) | 8,008 sq ft |
| No. Floors | 1 |
| Year Built/Renovated | 1999/2024 |
| Tenancy | Single |
| Parking Allocation | 0.5/1,000 sq ft |
| Eaves Height | 22 ft |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Use Class | MU - Manufacturing |
PROPERTY TAXES
| Parcel Number | 23472-000-000 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £205,117 |
PROPERTY TAXES
Parcel Number
23472-000-000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£205,117
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