Panama City Storage Portfolio

Highlights:

• Combined daily traffic counts exceed 40,000 vehicles (Frankford: 8,900+ VPD, Stow Pros: 31,000+ VPD)
• Panama City – Panama City Beach metro area: estimated population of 226,221 in 2024, reflecting a 3.8% growth over the previous year

Description:

SVN and SelfStorageSales.com are pleased to present a two-property self storage portfolio located in the growing market of Panama City, Florida. The portfolio includes Frankford Self-Storage, a 225-unit facility with approximately 27,000 NRSF situated on 1.9 acres at 1717 Frankford Avenue. This property features an onsite office, gated entry, and is fully fended with an automatic gate. The second facility, Stow Pros Self Storage, is located at 2726 15th Street and offers 112 units with approximately 10,000 NRSF on 1.26 acres, along with gated entry and secured fencing. Both properties are located in high-traffic areas with strong surrounding residential density. This value-add portfolio offers a great opportunity for investors looking to enter the self storage space or expand their existing footprint in a desirable Florida market.

This portfolio is strategically positioned in Panama City, a vibrant and expanding coastal community known for its resilient economy and quality of life. With an estimated population surpassing 37,500 and a broader metro area nearing 230,000 residents, Panama City is experiencing steady growth fueled by diverse industries including tourism, healthcare, education, and manufacturing. The city’s proximity to Panama City Beach, a popular destination attracting millions of visitors annually, adds to the region’s dynamic real estate demand.

Investors will appreciate Panama City’s expanding infrastructure, favorable business climate, and ongoing residential development, which together create a strong foundation for increased self-storage demand. High traffic counts along key corridors combined with robust regional population growth make this an ideal market for value-add investment strategies. This location offers a compelling opportunity to capitalize on both current cash flow and long-term appreciation in a thriving Florida market.

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