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Publix - Watersound West Bay Center 8403 W Bay Pky 1,400 - 11,200 SF of 4-Star Retail Space Available in Panama City, FL 32413
Highlights
- Located within Watersound West Bay Center, a large-scale mixed-use development planned for approximately 500,000 square feet of retail and commercial
- Strategically situated on State Road 79, the primary north-south artery serving Panama City Beach and growing residential communities.
- Convenient access to major highways and Northwest Florida Beaches International Airport, serving regional and visitor demographic bases.
- Anchored by Publix, featuring adjacent retail, dining, and service spaces in a curated, lifestyle shopping destination.
- Positioned at the entrance to Latitude Margaritaville Watersound, ensuring built-in customer traffic.
- Versatile buildout opportunities and tenant improvement incentives.
Space Availability (8)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A2 | 1,400 SF | 5-10 Years | $62.02 CAD/SF/YR $5.17 CAD/SF/MO $86,823 CAD/YR $7,235 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste A3 | 1,400 SF | 5-10 Years | $62.02 CAD/SF/YR $5.17 CAD/SF/MO $86,823 CAD/YR $7,235 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste B1 | 1,400 SF | 5-10 Years | $62.02 CAD/SF/YR $5.17 CAD/SF/MO $86,823 CAD/YR $7,235 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste B2 | 1,400 SF | 5-10 Years | $62.02 CAD/SF/YR $5.17 CAD/SF/MO $86,823 CAD/YR $7,235 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste B3 | 1,400 SF | 5-10 Years | $62.02 CAD/SF/YR $5.17 CAD/SF/MO $86,823 CAD/YR $7,235 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste B4 | 1,400 SF | 5-10 Years | $62.02 CAD/SF/YR $5.17 CAD/SF/MO $86,823 CAD/YR $7,235 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste B5 | 1,400 SF | 5-10 Years | $62.02 CAD/SF/YR $5.17 CAD/SF/MO $86,823 CAD/YR $7,235 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste B6 | 1,400 SF | 5-10 Years | $62.02 CAD/SF/YR $5.17 CAD/SF/MO $86,823 CAD/YR $7,235 CAD/MO | Triple Net (NNN) |
1st Floor, Ste A2
This proposed 1,400-square-foot retail suite will be part of the Watersound West Bay Center, anchored by a 50,000-square-foot Publix Super Market. The multi-tenant building is under construction and anticipated for availability in early 2026. Designed to accommodate retail and service concepts, this spec suite offers a modern environment with a customizable layout supported by tenant improvement allowances for buildout. The center is positioned at the entrance of the Latitude Margaritaville Watersound community along State Road 79, a rapidly growing corridor in Panama City Beach. Tenants will benefit from a pedestrian-friendly, open-air design that promotes customer engagement, as well as exposure to steady traffic from surrounding residential developments and seasonal visitors. The property is a short drive to Northwest Florida Beaches International Airport and popular Gulf Coast destinations, providing both convenience and visibility for retailers seeking to capture a high-demand market.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Convenient access to major highways
- Strategically situated on State Road 79
- Versatile buildout opportunities
- Tenant improvement incentives
1st Floor, Ste A3
This proposed 1,400-square-foot retail suite will be part of the Watersound West Bay Center, anchored by a 50,000-square-foot Publix Super Market. The multi-tenant building is under construction and anticipated for availability in early 2026. Designed to accommodate retail and service concepts, this spec suite offers a modern environment with a customizable layout supported by tenant improvement allowances for buildout. The center is positioned at the entrance of the Latitude Margaritaville Watersound community along State Road 79, a rapidly growing corridor in Panama City Beach. Tenants will benefit from a pedestrian-friendly, open-air design that promotes customer engagement, as well as exposure to steady traffic from surrounding residential developments and seasonal visitors. The property is a short drive to Northwest Florida Beaches International Airport and popular Gulf Coast destinations, providing both convenience and visibility for retailers seeking to capture a high-demand market.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Convenient access to major highways
- Strategically situated on State Road 79
- Versatile buildout opportunities
- Tenant improvement incentives
1st Floor, Ste B1
This proposed 1,400-square-foot retail suite will be part of the Watersound West Bay Center, anchored by a 50,000-square-foot Publix Super Market. The multi-tenant building is under construction and anticipated for availability in early 2026. Designed to accommodate retail and service concepts, this spec suite offers a modern environment with a customizable layout supported by tenant improvement allowances for buildout. The center is positioned at the entrance of the Latitude Margaritaville Watersound community along State Road 79, a rapidly growing corridor in Panama City Beach. Tenants will benefit from a pedestrian-friendly, open-air design that promotes customer engagement, as well as exposure to steady traffic from surrounding residential developments and seasonal visitors. The property is a short drive to Northwest Florida Beaches International Airport and popular Gulf Coast destinations, providing both convenience and visibility for retailers seeking to capture a high-demand market.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Convenient access to major highways
- Strategically situated on State Road 79
- Versatile buildout opportunities
- Tenant improvement incentives
1st Floor, Ste B2
This proposed 1,400-square-foot retail suite will be part of the Watersound West Bay Center, anchored by a 50,000-square-foot Publix Super Market. The multi-tenant building is under construction and anticipated for availability in early 2026. Designed to accommodate retail and service concepts, this spec suite offers a modern environment with a customizable layout supported by tenant improvement allowances for buildout. The center is positioned at the entrance of the Latitude Margaritaville Watersound community along State Road 79, a rapidly growing corridor in Panama City Beach. Tenants will benefit from a pedestrian-friendly, open-air design that promotes customer engagement, as well as exposure to steady traffic from surrounding residential developments and seasonal visitors. The property is a short drive to Northwest Florida Beaches International Airport and popular Gulf Coast destinations, providing both convenience and visibility for retailers seeking to capture a high-demand market.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Convenient access to major highways
- Strategically situated on State Road 79
- Versatile buildout opportunities
- Tenant improvement incentives
1st Floor, Ste B3
This proposed 1,400-square-foot retail suite will be part of the Watersound West Bay Center, anchored by a 50,000-square-foot Publix Super Market. The multi-tenant building is under construction and anticipated for availability in early 2026. Designed to accommodate retail and service concepts, this spec suite offers a modern environment with a customizable layout supported by tenant improvement allowances for buildout. The center is positioned at the entrance of the Latitude Margaritaville Watersound community along State Road 79, a rapidly growing corridor in Panama City Beach. Tenants will benefit from a pedestrian-friendly, open-air design that promotes customer engagement, as well as exposure to steady traffic from surrounding residential developments and seasonal visitors. The property is a short drive to Northwest Florida Beaches International Airport and popular Gulf Coast destinations, providing both convenience and visibility for retailers seeking to capture a high-demand market.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Convenient access to major highways
- Strategically situated on State Road 79
- Versatile buildout opportunities
- Tenant improvement incentives
1st Floor, Ste B4
This proposed 1,400-square-foot retail suite will be part of the Watersound West Bay Center, anchored by a 50,000-square-foot Publix Super Market. The multi-tenant building is under construction and anticipated for availability in early 2026. Designed to accommodate retail and service concepts, this spec suite offers a modern environment with a customizable layout supported by tenant improvement allowances for buildout. The center is positioned at the entrance of the Latitude Margaritaville Watersound community along State Road 79, a rapidly growing corridor in Panama City Beach. Tenants will benefit from a pedestrian-friendly, open-air design that promotes customer engagement, as well as exposure to steady traffic from surrounding residential developments and seasonal visitors. The property is a short drive to Northwest Florida Beaches International Airport and popular Gulf Coast destinations, providing both convenience and visibility for retailers seeking to capture a high-demand market.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Convenient access to major highways
- Strategically situated on State Road 79
- Versatile buildout opportunities
- Tenant improvement incentives
1st Floor, Ste B5
This proposed 1,400-square-foot retail suite will be part of the Watersound West Bay Center, anchored by a 50,000-square-foot Publix Super Market. The multi-tenant building is under construction and anticipated for availability in early 2026. Designed to accommodate retail and service concepts, this spec suite offers a modern environment with a customizable layout supported by tenant improvement allowances for buildout. The center is positioned at the entrance of the Latitude Margaritaville Watersound community along State Road 79, a rapidly growing corridor in Panama City Beach. Tenants will benefit from a pedestrian-friendly, open-air design that promotes customer engagement, as well as exposure to steady traffic from surrounding residential developments and seasonal visitors. The property is a short drive to Northwest Florida Beaches International Airport and popular Gulf Coast destinations, providing both convenience and visibility for retailers seeking to capture a high-demand market.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Convenient access to major highways
- Strategically situated on State Road 79
- Versatile buildout opportunities
- Tenant improvement incentives
1st Floor, Ste B6
This proposed 1,400-square-foot retail suite will be part of the Watersound West Bay Center, anchored by a 50,000-square-foot Publix Super Market. The multi-tenant building is under construction and anticipated for availability in early 2026. Designed to accommodate retail and service concepts, this spec suite offers a modern environment with a customizable layout supported by tenant improvement allowances for buildout. The center is positioned at the entrance of the Latitude Margaritaville Watersound community along State Road 79, a rapidly growing corridor in Panama City Beach. Tenants will benefit from a pedestrian-friendly, open-air design that promotes customer engagement, as well as exposure to steady traffic from surrounding residential developments and seasonal visitors. The property is a short drive to Northwest Florida Beaches International Airport and popular Gulf Coast destinations, providing both convenience and visibility for retailers seeking to capture a high-demand market.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Convenient access to major highways
- Strategically situated on State Road 79
- Versatile buildout opportunities
- Tenant improvement incentives
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 | 11,200 SF | Gross Leasable Area | 50,000 SF |
| Property Type | Retail | Year Built | 2027 |
| Property Subtype | Supermarket | Construction Status | Proposed |
| Total Space Available | 11,200 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 50,000 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
About the Property
The retail property is part of an upcoming multi-tenant building within Watersound West Bay Center, a development located near the Latitude Margaritaville Watersound community on State Road 79 in Panama City Beach, Florida. The site is anchored by a planned Publix grocery store and is in proximity to Gulf-front residential communities, commercial development, and regional transportation routes. Completion is anticipated for early 2026.
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Publix - Watersound West Bay Center | 8403 W Bay Pky
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