Prime Commercial Corridor: Situated on East 15th Street (U.S. Highway 98), a major east-west arterial road in Panama City, offering high visibility and accessibility.
Proximity to Major Retailers: Close to national retailers and service providers, enhancing customer traffic and business synergy.
High Traffic Counts: Benefiting from consistent vehicular traffic due to its location on a primary thoroughfare connecting residential and commercial areas.
Strong National Tenant: Classic Collision is a leading and rapidly growing auto body repair brand with a strong national presence.
○ Classic Collision has 325+ state of the art repair facility throughout 21 states
Private Equity Backed Tenant: Classic Collision was purchased by the 4th largest PE firm in the world, TPG in April of 2024.
Corporate Guarantee NN+ Lease with ±9.75 Years of Term Remaining:
○ The landlord responsibilities are limited to the Roof and Structure only ±2.09 AC ○ Essential, Recession-resistant Auto Service Tenant