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200 Thomas Dr 1,250 - 3,750 SF of Retail Space Available in Panama City, FL 32408

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HIGHLIGHTS

  • High Traffic
  • Private Restrooms
  • Display Windows

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • CEILING
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste B
  • 1,250 SF
  • 12’
  • Negotiable
  • $41.88 CAD/SF/YR $3.49 CAD/SF/MO $52,347 CAD/YR $4,362 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
2026-01-01

New commercial building on Navy Boulevard (f/k/a Thomas Drive) for lease. Ideal for retail, office, showroom, and flex. Located just south of Highway 98 at the Hathway Bridge, next to the Dive Center, and across the street from the Navy Base. New construction with 1,025 square foot units. Up to 4,100 square feet available for lease. The base rent is $20.00 NNN per sq. ft., and the operating expenses are estimated to be $4.00 per sq. ft. The landlord will deliver the space as a 'vanilla-shell' and can finish-to-suit.

  • Lease rate does not include utilities, property expenses or building services
  • Central Air and Heating
  • High Ceilings
  • Finished Ceilings: 12’
  • Display windows
  • Handicapped Access
  • Private Restrooms
  • 1st Floor, Ste C
  • 2,500 SF
  • 12’
  • Negotiable
  • $41.88 CAD/SF/YR $3.49 CAD/SF/MO $104,694 CAD/YR $8,725 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
2026-01-01

New commercial building on Navy Boulevard (f/k/a Thomas Drive) for lease. Ideal for retail, office, showroom, and flex. Located just south of Highway 98 at the Hathway Bridge, next to the Dive Center, and across the street from the Navy Base. #2, 1,250 Sq. Ft. units remain available. Up to 5,000 square feet available for lease. The base rent is $30.00 NNN per sq. ft., and the operating expenses are estimated to be $4.00 per sq. ft. The landlord will deliver the space as a 'vanilla-shell' and can finish-to-suit.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • Drop Ceilings
  • Finished Ceilings: 12’
  • Professional Lease
  • Smoke Detector
  • Display Windows
  • Central HVAC
  • Handicapped Access
Space Size Ceiling Term Rental Rate Rent Type
1st Floor, Ste B 1,250 SF 12’ Negotiable $41.88 CAD/SF/YR $3.49 CAD/SF/MO $52,347 CAD/YR $4,362 CAD/MO Triple Net (NNN)
1st Floor, Ste C 2,500 SF 12’ Negotiable $41.88 CAD/SF/YR $3.49 CAD/SF/MO $104,694 CAD/YR $8,725 CAD/MO Triple Net (NNN)

1st Floor, Ste B

Size
1,250 SF
Ceiling
12’
Term
Negotiable
Rental Rate
$41.88 CAD/SF/YR $3.49 CAD/SF/MO $52,347 CAD/YR $4,362 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
2026-01-01

New commercial building on Navy Boulevard (f/k/a Thomas Drive) for lease. Ideal for retail, office, showroom, and flex. Located just south of Highway 98 at the Hathway Bridge, next to the Dive Center, and across the street from the Navy Base. New construction with 1,025 square foot units. Up to 4,100 square feet available for lease. The base rent is $20.00 NNN per sq. ft., and the operating expenses are estimated to be $4.00 per sq. ft. The landlord will deliver the space as a 'vanilla-shell' and can finish-to-suit.

  • Lease rate does not include utilities, property expenses or building services
  • Central Air and Heating
  • High Ceilings
  • Finished Ceilings: 12’
  • Display windows
  • Handicapped Access
  • Private Restrooms

1st Floor, Ste C

Size
2,500 SF
Ceiling
12’
Term
Negotiable
Rental Rate
$41.88 CAD/SF/YR $3.49 CAD/SF/MO $104,694 CAD/YR $8,725 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
2026-01-01

New commercial building on Navy Boulevard (f/k/a Thomas Drive) for lease. Ideal for retail, office, showroom, and flex. Located just south of Highway 98 at the Hathway Bridge, next to the Dive Center, and across the street from the Navy Base. #2, 1,250 Sq. Ft. units remain available. Up to 5,000 square feet available for lease. The base rent is $30.00 NNN per sq. ft., and the operating expenses are estimated to be $4.00 per sq. ft. The landlord will deliver the space as a 'vanilla-shell' and can finish-to-suit.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • Drop Ceilings
  • Finished Ceilings: 12’
  • Professional Lease
  • Smoke Detector
  • Display Windows
  • Central HVAC
  • Handicapped Access

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS

Total Space Available 3,750 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 5,000 SF
Year Built 2026
Construction Status Under Construction

ABOUT THE PROPERTY

New commercial building on Navy Boulevard (f/k/a Thomas Drive) for lease. Ideal for retail, office, showroom, and flex. Located just south of Highway 98 at the Hathway Bridge, next to the Dive Center, and across the street from the Navy Base. New construction with 1,025 square foot units. Up to 4,100 square feet available for lease. The base rent is $20.00 NNN per sq. ft., and the operating expenses are estimated to be $4.00 per sq. ft. The landlord will deliver the space as a 'vanilla-shell' and can finish-to-suit.

  • Signage
  • Storage Space
  • Air Conditioning

ATTACHMENTS

200 Navy Blvd -

NEARBY MAJOR RETAILERS

Navy Federal Credit Union
Waffle House
Back Yard Burgers
Guthrie's
  • Listing ID: 36151304

  • Date on Market: 2025-07-07

  • Last Updated:

  • Address: 200 Thomas Dr, Panama City, FL 32408

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