Highlights

• Prime location in the heart of Panama City's main retail corridor, offering exceptional visibility with traffic counts of 28,000 vehicles per day (VPD) • The building was recently renovated by the Tenant in 2024 • 2.5% annual rent increases throughout the remainder of the term including renewal options • 8.24% blended Cap Rate over the Initial Term • Located next to the Shops at Bay City Point, ranked in the Top 1% of shopping centers in Florida for annual visits (Placer AI) • Panama City MSA is the #2 Fastest Growing MSA by Percent Growth in 2024 (www.census.gov) • Densley Populated Market | 84,000 + 5-Mile Population