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Two Stanford Centre 1022 W 23rd St 5,500 - 12,954 SF of 4-Star Retail Space Available in Panama City, FL 32405

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ALL AVAILABLE SPACES(2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 7,454 SF
  • 5-10 Years
  • $23.00 /SF/YR $1.92 /SF/MO $171,442 /YR $14,287 /MO
  • Retail
  • Full Build-Out
  • Now

Positioned in the heart of Panama City, Two Stanford Center offers a rare opportunity to lease a highly adaptable 7,454 SF space ideal for restaurant or retail use. This professionally maintained property is part of a 94,449 SF center and provides a dynamic setting surrounded by urban amenities and coastal charm. Tenants benefit from competitive lease terms at $23.00/SF NNN, with CAM costs of $5.90/SF and a minimum five-year commitment that ensures operational stability. The space is fully customizable, with a negotiable buildout allowance and a complete set of plans available to support tailored design and functionality. Located just minutes from the Gulf of Mexico, the property enjoys proximity to waterfront promenades, parks, and a vibrant mix of dining options—making it ideal for businesses seeking visibility and foot traffic. Easy access to major roadways enhances connectivity across the region, while the surrounding business community adds to the location’s appeal. Demographic data reveals a strong consumer base, with over 79,000 residents within a five-mile radius and average household incomes exceeding $83,000. This combination of location, flexibility, and affluence makes Two Stanford Center a compelling choice for operators looking to establish or expand in Panama City.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • Flexible lease terms with negotiable buildout
  • Strong demographics with high household income
  • Fully Built-Out as a Restaurant or Café Space
  • Located in a vibrant coastal business district
  • Surrounded by dining, parks, and waterfront
  • 1st Floor
  • 5,500 SF
  • 5 Years
  • $23.00 /SF/YR $1.92 /SF/MO $126,500 /YR $10,542 /MO
  • Retail
  • -
  • Now

Introducing a prime leasing opportunity at this premier Panama City location. Boasting a generous 7,454 square feet or a 5500 SF+/- space, this versatile space offers ample room to accommodate a range of business needs. With rent set at an attractive $23.00 per square foot and a CAM of $5.90 per square foot, tenants can seize this exceptional value. The flexible lease terms, including a minimum initial term of 5 years, provide stability and peace of mind. Additionally, the negotiable buildout allowance, with potential adjustments to rent, presents an opportunity to tailor the space to specific requirements. Discover the perfect environment to elevate your restaurant business at this standout property.

  • Lease rate does not include utilities, property expenses or building services
  • Generous 7,454 SF or 5,500 +/- SF
  • CAM costs at $5.90 per SF
  • Negotiable buildout allowance
  • Space is in Excellent Condition
  • Competitive Rent At $23.00 per SF
  • Minimum 5-year initial lease term
  • Prime location in Panama City
Space Size Term Rental Rate Space Use Condition Available
1st Floor 7,454 SF 5-10 Years $23.00 /SF/YR $1.92 /SF/MO $171,442 /YR $14,287 /MO Retail Full Build-Out Now
1st Floor 5,500 SF 5 Years $23.00 /SF/YR $1.92 /SF/MO $126,500 /YR $10,542 /MO Retail - Now

1st Floor

Size
7,454 SF
Term
5-10 Years
Rental Rate
$23.00 /SF/YR $1.92 /SF/MO $171,442 /YR $14,287 /MO
Space Use
Retail
Condition
Full Build-Out
Available
Now

1st Floor

Size
5,500 SF
Term
5 Years
Rental Rate
$23.00 /SF/YR $1.92 /SF/MO $126,500 /YR $10,542 /MO
Space Use
Retail
Condition
-
Available
Now

1st Floor

Size 7,454 SF
Term 5-10 Years
Rental Rate $23.00 /SF/YR
Space Use Retail
Condition Full Build-Out
Available Now

Positioned in the heart of Panama City, Two Stanford Center offers a rare opportunity to lease a highly adaptable 7,454 SF space ideal for restaurant or retail use. This professionally maintained property is part of a 94,449 SF center and provides a dynamic setting surrounded by urban amenities and coastal charm. Tenants benefit from competitive lease terms at $23.00/SF NNN, with CAM costs of $5.90/SF and a minimum five-year commitment that ensures operational stability. The space is fully customizable, with a negotiable buildout allowance and a complete set of plans available to support tailored design and functionality. Located just minutes from the Gulf of Mexico, the property enjoys proximity to waterfront promenades, parks, and a vibrant mix of dining options—making it ideal for businesses seeking visibility and foot traffic. Easy access to major roadways enhances connectivity across the region, while the surrounding business community adds to the location’s appeal. Demographic data reveals a strong consumer base, with over 79,000 residents within a five-mile radius and average household incomes exceeding $83,000. This combination of location, flexibility, and affluence makes Two Stanford Center a compelling choice for operators looking to establish or expand in Panama City.

  • 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
  • Located in a vibrant coastal business district
  • Flexible lease terms with negotiable buildout
  • Surrounded by dining, parks, and waterfront
  • Strong demographics with high household income

1st Floor

Size 5,500 SF
Term 5 Years
Rental Rate $23.00 /SF/YR
Space Use Retail
Condition -
Available Now

Introducing a prime leasing opportunity at this premier Panama City location. Boasting a generous 7,454 square feet or a 5500 SF+/- space, this versatile space offers ample room to accommodate a range of business needs. With rent set at an attractive $23.00 per square foot and a CAM of $5.90 per square foot, tenants can seize this exceptional value. The flexible lease terms, including a minimum initial term of 5 years, provide stability and peace of mind. Additionally, the negotiable buildout allowance, with potential adjustments to rent, presents an opportunity to tailor the space to specific requirements. Discover the perfect environment to elevate your restaurant business at this standout property.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • Generous 7,454 SF or 5,500 +/- SF
  • Competitive Rent At $23.00 per SF
  • CAM costs at $5.90 per SF
  • Minimum 5-year initial lease term
  • Negotiable buildout allowance
  • Prime location in Panama City

SELECT TENANTS

  • FLOOR
  • TENANT NAME
  • INDUSTRY
  • 5th
  • Bayside Neurotherapy, Llc
  • Health Care and Social Assistance
  • Unknown
  • Cross City Apartments Ltd
  • -
  • 5th
  • McConnaughhay Coonrod Pope Weaver & Stern
  • Professional, Scientific, and Technical Services
  • 7th
  • Merrill
  • Finance and Insurance
  • 6th
  • Mott MacDonald
  • Professional, Scientific, and Technical Services
  • 2nd
  • Peoples First Insurance
  • Finance and Insurance
  • Multiple
  • Royal American Management, Inc
  • Real Estate
  • 5th
  • Thomas Howell Ferguson P.A.
  • Professional, Scientific, and Technical Services
  • Unknown
  • Timbers Preservation Lp
  • -
  • 7th
  • Wells Fargo Advisors
  • Finance and Insurance

PROPERTY FACTS

Building Type
Office
Year Built
1999
LoopNet Rating
4 Star
Building Height
9 Stories
Building Size
96,646 SF
Building Class
A
Typical Floor Size
10,738 SF
Unfinished Ceiling Height
12’
Parking
319 Surface Parking Spaces

FEATURES AND AMENITIES

  • Banking
  • Controlled Access
  • Fitness Center
  • Pond
  • Property Manager on Site
  • Restaurant
  • Signage
  • Natural Light
  • Air Conditioning

ATTACHMENTS

_BOV _L_ (1)

NEARBY MAJOR RETAILERS

Centennial Bank
MidSouth Bank
Outback Steakhouse
Applebee's
Newk’s Eatery
Publix
First Federal Bank
Five Guys
LongHorn Steakhouse
Regions Bank
  • Listing ID: 38358552

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 1022 W 23rd St, Panama City, FL 32405

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