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Brand New Strip Shopping Center March 2026 11697 Panama City Beach Pky 1,500 - 7,766 SF of Retail Space Available in Panama City Beach, FL 32407
HIGHLIGHTS
- BRAND NEW PREMIUM STRIP SHOPPING CENTER CONSTRUCTION - GREY SHELL COMPLETION DATE MARCH 2026
- Located Directly Off Panama City Beach Parkway - GREAT Traffic and Visibility!!
- Retail OR Medical Use
- 7,766 SQUARE FEET TOTAL AND CAN BE SUBDIVIDED - MINIMUM 1500 SF
- Multi Tenant Center - SUPER Demographics!!
- Looking for Strong Long Term Tenants - Franchises, National Tenant Brands or Multi-Location Retail or Medical Tenants.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500-7,766 SF | 5 Years | $35.00 /SF/YR $2.92 /SF/MO $271,810 /YR $22,651 /MO | Triple Net (NNN) |
1st Floor
Gray Shell Condition
- Lease rate does not include utilities, property expenses or building services
- Premium Retail Center Location - Brand New!!
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 7,766 SF | Gross Leasable Area | 7,766 SF |
| Min. Divisible | 1,500 SF | Year Built | 2026 |
| Property Type | Retail | Construction Status | Under Construction |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 7,766 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,766 SF |
| Year Built | 2026 |
| Construction Status | Under Construction |
ABOUT THE PROPERTY
Commercial Real Estate Professionals, Inc. and Mark Allen, CCIM are pleased to offer FOR LEASE this Brand New Premium Strip Shopping Center. Multi-Tenant Occupancy for Retail or Medical Space. The Total Square Footage is 7,766 and can be Divided or Leased as a Whole. Zoning permits Retail and Medical Use. Lease rate for Year #1 is $35.00 per square foot with a NNN Lease with a 5-year minimum term {3% annual escalation}. Estimated $8 per sq ft CAM. BRAND NEW Premium Strip Shopping Center Located in High Growth and High Demand Corridor!! Construction under way with completion estimated March 2026. Great Signage Available. Landlord Desires a Franchise or National Brand or a Tenant with Multiple Locations and Strong Credit. The Brand New Strip Shopping Center will be Delivered to the Tenant in a Gray Shell Condition with a Completion Date Anticipated by March 2026 or sooner. If a Tenant Commits early, the Landlord may be able to work with them on rough plumbing and electrical. Landlord's Contractor can also work with the Tenant on their Interior Build-Out as well... Landlord is Open to Tenant Improvement (TI) Allowance up to $40 per sq ft depending on the Scope and Extent of the Tenant Build-Out.
NEARBY MAJOR RETAILERS
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Brand New Strip Shopping Center March 2026 | 11697 Panama City Beach Pky
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