1600 Jenks Avenue | Medical Office Building

1600 Jenks Avenue, Panama City, FL 32405

Accepting Offers
1600 Jenks Avenue | Medical Office Building1600 Jenks Avenue | Medical Office Building1600 Jenks Avenue | Medical Office Building1600 Jenks Avenue | Medical Office Building
Asking Price

$3,500,000

1600 Jenks Avenue | Medical Office Building

1600 Jenks Avenue, Panama City, FL 32405

Asset Type: Real Estate

Estate: Leasehold

Year Built: 1981

Land Area: 6.86 Acres

Property Type: Office

Occupancy %: 0

Year Renovated: 2019

Property Size: 13,132 SF

Investment Highlights

  • • Asking price of $3,500,000
  • • Approximately 13,132 SF medical office building
  • • Potential for multiple medical practices or a larger medical user
  • • Opportunity to evaluate owner occupancy with additional medical suite leasing
  • • Existing medical office space adaptable to different specialties and practice needs
  • • Signalized intersection of Jenks Avenue and Airport Road
  • • Located in Panama City’s established medical corridor
  • • Near HCA Florida Gulf Coast Hospital and Ascension Sacred Heart Bay
  • • On-site parking for patients, providers, and staff

1600 Jenks Avenue | Medical Office Building For Sale

Five Bridges Real Estate is pleased to offer 1600 Jenks Avenue in Panama City, Florida, for sale at an asking price of $3,500,000. The approximately 13,132 SF medical office building presents an opportunity for a medical practice, healthcare group or investor seeking a property in Panama City’s established medical corridor. A portion of the facility functioned for more than forty years as a Florida State Licensed, Medicare Certified, Ambulatory Surgery Center. It was AAAHC accredited during this time as well. Reestablishing these credentials, subject to applicable requirements and approvals, could provide an opportunity for facility fee income to a tenant or new owner. The building offers existing medical office space and potential to accommodate multiple practices or a larger medical user. A buyer may evaluate occupying a portion of the property while leasing additional space to complementary healthcare providers, or developing a medical suite leasing strategy suited to different specialties and practice needs. Final suite configurations and improvements will depend on the buyer’s program, existing occupancy, and applicable approvals. Located at the signalized intersection of Jenks Avenue and Airport Road, the property provides access to the surrounding medical community, nearby services, and major area roadways. HCA Florida Gulf Coast Hospital and Ascension Sacred Heart Bay are nearby. On-site parking supports patient, provider, and staff access. Contact Five Bridges Real Estate for current floor plans, occupancy information, and a property tour.

Sale FAQs

Investment Sales Broker

Kevin Wattenbarger, CCIM

Kevin Wattenbarger, CCIM

Five Bridges Real Estate Services Co.

FL License: BK3424407

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXX

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