Florida Springs Wellness & Recovery Center NNN Medical Florida

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Sands Investment Group is Pleased to Present Exclusively For Sale the 21,200 SF NNN Medical Located at 1212 W 19th Street in Panama City, FL. This Deal Includes a Long Term, Triple Net (NNN) Lease That Will Begin at the Close of Escrow, Providing For a Secure Investment.

• Tenant Will Be Expanding to its Next Facility Soon; They Will Have 1 5k SF New Detox Center, 1 5k SF New PHP/IOP Center and 1 5k SF New MOB
• Just Renewed Grants
• 230 BPS Point Spread From Interest Rate to Cap Rate On a Fixed 7 Year SWAP
• Long Term, Triple Net (NNN) Lease to Panama City’s Premier Wellness & Recovery Center
• Only Approved Facility in Bay County That Provides Detox and Residential Services
• Lead Dr. Raymond Pomm, Triple Board Certified in Psychiatry, Addiction and Addiction Psychiatry, Who Serves as the Medical Director and Was Named the 2018 Professional of the Year From the Florida Drug and Alcohol Abuse Association
• The Center Includes 14 Detox Beds and 30 Residential Beds
• Renovated in 2019 With $400k Worth of Improvements, Including Replacing the Metal Roof and HVAC
• The Property Consists of a Pharmacy, Workout and an Activity Center
• Credentialed By the Joint Commission, the Florida Department of Health and Psychology Today
• Over 5,000 Tourists Visit Panama City Beach Every Day
• 2.59 Rent Coverage Ratio
• Nearby Tenants Include: Walmart Supercenter, Sam’s Club, T. J. Maxx, AutoZone, Big Lots, Dollar General, Wells Fargo, Best Buy, Target, Lowe’s and More

In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953

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Sands Investment Group is Pleased to Present For Sale the Taylor Power Systems NNN Industrial Investment Located in Panama City, Florida. This is a Great Opportunity to Acquire a True Triple Net (NNN) Investment in the Florida Market.

• Triple Net (NNN) Lease Offers the Opportunity For a Truly Passive Investment With Zero Landlord Responsibilities
• 3% Annual Rent Bumps Provide Yearly Increases in Cash Flow to the Owner
• Taylor Power Systems Has Been Designing and Building Industrial Lift Equipment For More Than 90 Years and Operates More Than 22 Locations Across 11 States Taylor Power Systems Has Been Designing and Building Industrial Lift Equipment For More Than 90 Years and Operates More Than 22 Locations Across 11 States
• The Area is Home to Tyndall Air Force Base and Naval Support Activity Panama City, Making the Federal Government the Largest Employer
• Easy Access to Business Hwy 98, a Major East-West Thoroughfare in the City
• Tyndall Air Force Base is Undergoing a Nearly $5 Billion Rebuild to Be Complete in 2024, Offering Steady Construction Growth
• Panama City Beach Was Named the Top 3 Beach in the United States By TripAdvisor, and Has 27-Miles of Beaches For Its Visitors
• Plans For the Rebuilding of the Panama City Mall Were Released in August of 2020, Which Include a Mall, Retails Shops and Restaurants

In Cooperation With SIG RE Services, LLC Lic. # CQ1055229

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Sands Investment Group is Pleased to Present Exclusively For Sale the Newly Renovated, Essential Business Grocery Store Located at 3621 North Highway 231 in Panama City, Florida.  This Opportunity Offers a Long-Term Absolute Triple Net (NNN) Lease With a High Quality and Established Tenant in the Desirable Florida Market.

LONG TERM INVESTMENT OPPORTUNITY

• Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
• Winn-Dixie Has a Long Historical Occupancy and Has Been Operating at This Location Since 1997
• Winn-Dixie Recently Signed a New Lease Set to Expire in 2029 Demonstrating Their Commitment to This Location
• Approximately 9 Years Remaining on the Lease
• Newly Renovated Building Completed in 2019
• 4 x 5 Options Remaining
• Low Rent-to-Sales Ratio
• Florida is a “No Income Tax State”

HIGH QUALITY & INTERNET RESISTANT TENANTS

• Winn-Dixie Stores Were Founded in 1925 and is Currently Headquartered in Jacksonville, Florida
• Essential Premier Grocer, the Company Has Had Its Present Name Since 1955 and Traces Its Roots Back to 1925
• Winn-Dixie Operates Approximately 500 Stores in Florida, Alabama, Louisiana, Georgia and Mississippi

UNMATCHED EXPOSURE AND ACCESS

• This Property is in the Northwest Quadrant of Highway 231 and Transmitter Road in Panama City, Florida
• Panama City is Located on the Panhandle of Northwest Florida on Beautiful St Andrews Bay and the Gulf of Mexico and is a Popular Tourist Location Year-Round
• A New Skyline is Taking Shape as the Area is Fast Attracting New Eateries, Exhilarating Attraction and Chic Retail; New Museums, Theaters, Galleries and Parks Are On the Way
• The First Airport Built in the United States in Almost 20 Years is in Panama City, Which Was Completed at the End of 2009; This Has Opened Travel Channels Throughout the U.S., Europe and Asia Making Panama City One of the Most Sought-After Travel Destinations in the World

DOMINANT MARKET POSITION IN FLORIDA

• Densely Populated Area With Over 58,400 People Making an Average Household Income of $71,192 Within a 5-Mile Radius
• Nearby Tenants Include: Taco Bell, Sonic, Dollar General, Wendy’s, Zaxby’s, Dunkin’, AutoZone, Publix and More

In Cooperation With SIG RE Services, LLC – Lic. # CQ1055229

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities