For Lease
$804.47/SF/YR

300 23Rd StPanama City, FL 32405

Turn-key restaurant, drive-thru, high traffic

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2,685 sq ft single-tenant retail building, constructed in 2021, boasts a prime location on 23rd Street in Panama City, Florida. Situated in a high-traffic area with over 37,000 cars passing daily, this property benefits from excellent visibility and accessibility. The building is ideally suited for a restaurant operation, featuring a ready-to-go drive-thru. Its strategic location within a dominant retail corridor places it near major retailers such as Walmart, Target, and Publix, ensuring high foot and vehicle traffic. Furthermore, its proximity to Gulf Coast State College and Florida State University, with a combined enrollment exceeding 10,000 students, presents a significant customer base. The property's adjacency to HCA Gulf Coast Regional Medical Center and Ascension Sacred Heart Hospital, along with the presence of two nearby military bases (Tyndall Air Force Base and Naval Support Activity Panama City), further enhances its appeal. Panama City's robust growth, projected to nearly double its population by 2030, makes this a compelling investment opportunity. The area also offers a diverse range of nearby dining establishments, creating a vibrant and bustling commercial environment. Lessee to verify all measurements.

Highlights

  • 2,685 sq ft single-tenant retail building, built in 2021.
  • Prime 23rd Street, Panama City, FL location with over 37,000 cars daily.
  • Drive-thru ready, ideal for restaurant use.
  • High traffic area near Walmart, Target, and Publix.
  • Strong customer base from nearby colleges (10,000+ students) and hospitals.
  • Proximity to Tyndall AFB and NSA Panama City.

Property Details for 300 23Rd St

Property type
Retail properties
RSF (Rentable sq. ft)
2,685 SF
Stories
1

Unit(s) available at that property

Space
Size
2,685 SF
Rate per SF
$804.47

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.190158
Longitude
-85.664447
300 23Rd St, Panama City, Florida

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300 23Rd St
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