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Two Stanford Centre 1022 W 23rd St 1,197 - 14,908 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
- Abundant onsite parking with approximately 100 surface spaces
- Full buildout flexibility with negotiable allowances to fit tenant needs
All Available Spaces(3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
- Lease rate does not include utilities, property expenses or building services
Introducing an exceptional restaurant leasing opportunity in one of Panama City’s premier commercial corridors. This restaurant property offers up to 7,454 SF and can be demised into approximately 1,197 SF and 6,257 SF spaces to accommodate a variety of restaurant concepts. Offered at $23.00/SF with estimated CAM expenses of $5.90/SF, the property presents a compelling value for operators seeking visibility, flexibility, and long-term stability. Lease terms begin with a minimum five-year initial term, providing tenants the opportunity to establish and grow within a strong market location. A negotiable buildout allowance may be available, with corresponding rental adjustments, allowing tenants to customize the space to fit their specific vision and operational requirements. This is a rare opportunity to position your restaurant concept within a standout Panama City location.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Lease rate does not include utilities, property expenses or building services
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor, Ste 180 | 6,257 SF | 5 Years | $23.00 /SF/YR $1.92 /SF/MO $143,911 /YR $11,993 /MO | Retail | - | Now |
| 1st Floor, Ste 180-190 | 7,454 SF | 5 Years | $23.00 /SF/YR $1.92 /SF/MO $171,442 /YR $14,287 /MO | Retail | - | Now |
| 1st Floor, Ste 190 | 1,197 SF | 5 Years | $23.00 /SF/YR $1.92 /SF/MO $27,531 /YR $2,294 /MO | Retail | - | Now |
1st Floor, Ste 180
| Size |
| 6,257 SF |
| Term |
| 5 Years |
| Rental Rate |
| $23.00 /SF/YR $1.92 /SF/MO $143,911 /YR $11,993 /MO |
| Space Use |
| Retail |
| Build-Out |
| - |
| Available |
| Now |
1st Floor, Ste 180-190
| Size |
| 7,454 SF |
| Term |
| 5 Years |
| Rental Rate |
| $23.00 /SF/YR $1.92 /SF/MO $171,442 /YR $14,287 /MO |
| Space Use |
| Retail |
| Build-Out |
| - |
| Available |
| Now |
1st Floor, Ste 190
| Size |
| 1,197 SF |
| Term |
| 5 Years |
| Rental Rate |
| $23.00 /SF/YR $1.92 /SF/MO $27,531 /YR $2,294 /MO |
| Space Use |
| Retail |
| Build-Out |
| - |
| Available |
| Now |
1st Floor, Ste 180
| Size | 6,257 SF |
| Term | 5 Years |
| Rental Rate | $23.00 /SF/YR |
| Space Use | Retail |
| Build-Out | - |
| Available | Now |
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 180-190
| Size | 7,454 SF |
| Term | 5 Years |
| Rental Rate | $23.00 /SF/YR |
| Space Use | Retail |
| Build-Out | - |
| Available | Now |
Introducing an exceptional restaurant leasing opportunity in one of Panama City’s premier commercial corridors. This restaurant property offers up to 7,454 SF and can be demised into approximately 1,197 SF and 6,257 SF spaces to accommodate a variety of restaurant concepts. Offered at $23.00/SF with estimated CAM expenses of $5.90/SF, the property presents a compelling value for operators seeking visibility, flexibility, and long-term stability. Lease terms begin with a minimum five-year initial term, providing tenants the opportunity to establish and grow within a strong market location. A negotiable buildout allowance may be available, with corresponding rental adjustments, allowing tenants to customize the space to fit their specific vision and operational requirements. This is a rare opportunity to position your restaurant concept within a standout Panama City location.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
1st Floor, Ste 190
| Size | 1,197 SF |
| Term | 5 Years |
| Rental Rate | $23.00 /SF/YR |
| Space Use | Retail |
| Build-Out | - |
| Available | Now |
- Lease rate does not include utilities, property expenses or building services
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
Presented by
Two Stanford Centre | 1022 W 23rd St
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