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Two Stanford Centre 1022 W 23rd St 1,197 - 7,454 SF of 4-Star Retail Space Available in Panama City, FL 32405
Highlights
- Attractive visibility along West 23rd Street with prime signage opportunities
- Close to major routes, retail centers, and residential neighborhoods in Panama City
- Professional, well-maintained property located in a high-traffic commercial district.
- Abundant onsite parking with approximately 100 surface spaces
- Full buildout flexibility with negotiable allowances to fit tenant needs
- Complete plans provided for streamlined buildout and design planning.
All Available Spaces(2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
This spacious 7,454-square-foot retail property offers a highly adaptable space designed to accommodate restaurant or retail operators in one of Panama City’s most accessible locations. The property can be subdivided into two individual restaurant spaces of 1,197 SF (Suite 180) and 6,257 SF (Suite 190), granting tenants layout flexibility to suit their specific concepts. The professional and well-maintained property provides competitive rent at $23.00 per SF, with CAM costs at $5.90 per SF, and a minimum initial lease term of five years ensures long-term operational stability. Tenants benefit from a negotiable buildout allowance along with a complete set of plans for efficient buildout planning. Existing restaurant furniture and equipment can be incorporated into the lease arrangement, offering additional convenience and savings for incoming users. This location provides excellent visibility along a major commercial corridor and convenient accessibility for both local residents and regional visitors. With versatile and customizable space options, strong area traffic patterns, and nearby retail and service amenities, the property presents an outstanding opportunity for operators seeking a prominent presence in the dynamic Panama City market.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Negotiable buildout allowance to meet tenant needs
- Fully Built-Out as a Restaurant or Café Space
- Can be combined with additional space(s) for up to 7,454 SF of adjacent space
- Accessible location offering strong visibility
This spacious 7,454-square-foot retail property offers a highly adaptable space designed to accommodate restaurant or retail operators in one of Panama City’s most accessible locations. The property can be subdivided into two individual restaurant spaces of 1,197 SF (Suite 180) and 6,257 SF (Suite 190), granting tenants layout flexibility to suit their specific concepts. The professional and well-maintained property provides competitive rent at $23.00 per SF, with CAM costs at $5.90 per SF, and a minimum initial lease term of five years ensures long-term operational stability. Tenants benefit from a negotiable buildout allowance along with a complete set of plans for efficient buildout planning. Existing restaurant furniture and equipment can be incorporated into the lease arrangement, offering additional convenience and savings for incoming users. This location provides excellent visibility along a major commercial corridor and convenient accessibility for both local residents and regional visitors. With versatile and customizable space options, strong area traffic patterns, and nearby retail and service amenities, the property presents an outstanding opportunity for operators seeking a prominent presence in the dynamic Panama City market.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Negotiable buildout allowance to meet tenant needs
- Fully Built-Out as a Restaurant or Café Space
- Can be combined with additional space(s) for up to 7,454 SF of adjacent space
- Accessible location offering strong visibility
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor, Ste 180 | 6,257 SF | 5 Years | $31.98 CAD/SF/YR $2.66 CAD/SF/MO $200,075 CAD/YR $16,673 CAD/MO | Retail | Full Build-Out | Now |
| 1st Floor, Ste 190 | 1,197 SF | 5 Years | $31.98 CAD/SF/YR $2.66 CAD/SF/MO $38,276 CAD/YR $3,190 CAD/MO | Retail | Full Build-Out | Now |
1st Floor, Ste 180
| Size |
| 6,257 SF |
| Term |
| 5 Years |
| Rental Rate |
| $31.98 CAD/SF/YR $2.66 CAD/SF/MO $200,075 CAD/YR $16,673 CAD/MO |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 190
| Size |
| 1,197 SF |
| Term |
| 5 Years |
| Rental Rate |
| $31.98 CAD/SF/YR $2.66 CAD/SF/MO $38,276 CAD/YR $3,190 CAD/MO |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 180
| Size | 6,257 SF |
| Term | 5 Years |
| Rental Rate | $31.98 CAD/SF/YR |
| Space Use | Retail |
| Build-Out | Full Build-Out |
| Available | Now |
This spacious 7,454-square-foot retail property offers a highly adaptable space designed to accommodate restaurant or retail operators in one of Panama City’s most accessible locations. The property can be subdivided into two individual restaurant spaces of 1,197 SF (Suite 180) and 6,257 SF (Suite 190), granting tenants layout flexibility to suit their specific concepts. The professional and well-maintained property provides competitive rent at $23.00 per SF, with CAM costs at $5.90 per SF, and a minimum initial lease term of five years ensures long-term operational stability. Tenants benefit from a negotiable buildout allowance along with a complete set of plans for efficient buildout planning. Existing restaurant furniture and equipment can be incorporated into the lease arrangement, offering additional convenience and savings for incoming users. This location provides excellent visibility along a major commercial corridor and convenient accessibility for both local residents and regional visitors. With versatile and customizable space options, strong area traffic patterns, and nearby retail and service amenities, the property presents an outstanding opportunity for operators seeking a prominent presence in the dynamic Panama City market.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 7,454 SF of adjacent space
- Negotiable buildout allowance to meet tenant needs
- Accessible location offering strong visibility
1st Floor, Ste 190
| Size | 1,197 SF |
| Term | 5 Years |
| Rental Rate | $31.98 CAD/SF/YR |
| Space Use | Retail |
| Build-Out | Full Build-Out |
| Available | Now |
This spacious 7,454-square-foot retail property offers a highly adaptable space designed to accommodate restaurant or retail operators in one of Panama City’s most accessible locations. The property can be subdivided into two individual restaurant spaces of 1,197 SF (Suite 180) and 6,257 SF (Suite 190), granting tenants layout flexibility to suit their specific concepts. The professional and well-maintained property provides competitive rent at $23.00 per SF, with CAM costs at $5.90 per SF, and a minimum initial lease term of five years ensures long-term operational stability. Tenants benefit from a negotiable buildout allowance along with a complete set of plans for efficient buildout planning. Existing restaurant furniture and equipment can be incorporated into the lease arrangement, offering additional convenience and savings for incoming users. This location provides excellent visibility along a major commercial corridor and convenient accessibility for both local residents and regional visitors. With versatile and customizable space options, strong area traffic patterns, and nearby retail and service amenities, the property presents an outstanding opportunity for operators seeking a prominent presence in the dynamic Panama City market.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 7,454 SF of adjacent space
- Negotiable buildout allowance to meet tenant needs
- Accessible location offering strong visibility
Property Facts
Property Overview
Positioned within one of Panama City’s growing retail and residential corridors, this restaurant opportunity benefits from strong surrounding demographics, nearby subdivisions, apartment communities, and consistent daily traffic. The area is supported by a large and expanding household base, creating a built-in customer population for breakfast, lunch, dinner, and delivery traffic. Convenient access to major thoroughfares and proximity to residential growth make this an ideal location for restaurant operators seeking strong visibility, accessibility, and long-term customer demand.
- Banking
- Controlled Access
- Fitness Center
- Pond
- Property Manager on Site
- Restaurant
- Signage
- Natural Light
- Air Conditioning
Nearby Major Retailers
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Two Stanford Centre | 1022 W 23rd St
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