mixed-use site 8.79* acres lynn haven, florida (panama...

Mixed-Use Site 8.79* acres Lynn Haven, Florida (Panama City)Ideal for Neighborhood Retail Shopping Center, Senior Independent Living, Assisted Living, Medical, Restaurant, Multifamily, Educational, Office, Etc.

$1,999,000, $228,000/acre*-$5.23/sf*

Great American Quality Management, LLCContact: Buddy Vucovich 850-974-5710

buddyvucovich@gmail.com

2260 Hwy 77, Lynn Haven, FL 32444Unique opportunity to acquire all or part of one of the few sites on Hwy 77 large enough to accommodate a combination of retail and high density residential. The site is located in the heart of Lynn Haven, Florida, a northern suburb of Panama City. Property highlights include: Adjacent to 65,500sf Publix center (south of site with shared ingress/egress) at 96% occupancy. Directly across Hwy 77 from 250,000sf Super Wal-Mart (opened 2009); 3.9 miles from Gulf Coast

Regional Medical Center, 4.7 miles to Bay/Sacred Heart Medical Center. Three outparcels (not included) are Dunkin Donuts, Sonny’s BBQ and Innovations Federal Credit Union. SunTrust Bank ATM 10 Year Ground Lease commenced Sept 2017 at $1,500/month (not included). Property entitlements and zoning include:

• 20 units/acre ground level or above commercial.• 50’ building height and 75% Impervious Surface ratio.• ‘No Impact’ traffic analysis completed, recently reduced in Fire/Police impact fees.• *Acreage includes 2.29 acre common storm water mitigation allows for construction on 6.5

acres of the site. Parcel sizes are estimated.• Final City of Lynn Haven DO approval for up to 62,500sf of retail; DO modification for buyer uses

in < 90 days. Traffic counts of 25,500 on Highway 77, the primary northern access route to the new Panama City

Airport (Northwest Florida Beaches International Airport).Site Plan below is conceptual-Sale is subject to Lender approval

LYNN HAVEN POPULATION AND INCOME 5 Mile Radius

Population - 2014 73,194

Population - 2019 75,419

Population Growth 14-19 3.04%

Households - 2014 29,719

HH Growth 14-19 2.95%

Avg. HH Income $59,140

Med HH Income $45,452

Avg. Age 39.70

80-84 Unit

Senior IL94,00SF 4 story

Retail 12,800

SF Future

Medical-Office

15.500SF Future

Shared Storm, water-

Retention

Publix 65,500SF

Center

HIGHWAY 77

Great American Quality Mgt. (GAQM) and the Owner make no warranty or representation, expressed or implied, to the accuracy of the information contained herein. The information has been submitted in good faith subject to the possibility of errors and omissions; rental information or other related Property information may change without notice. Buyers should rely solely on their own independent analysis, due diligence and verification of Property information. Interested parties agree that GAQM and the Owner shall have no liability to the investor and/or its

representatives or agents resulting from the use of the information contained herein or distributed by GAQM and the Owner in the future.Great American Quality Management, LLC 850-974-5710

Site 8.79 acres

25,500 AD Traffic Count-2013

Site

Great American Quality Management, LLCContact: Buddy Vucovich 850-974-5710

buddyvucovich@gmail.com

Site 8.3 acre, 62,500sf GLA

Retail, 20 Units/ Acre Residential