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23rd Street Plaza 700 23rd St 20,579 SF of Retail Space Available in Panama City, FL 32405
Highlights
- Prime location located in the core retail trade area of Panama City, FL
- Ample parking
- Nearby to numerous national retailers, restaurants, and entertainment
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 20,579 SF | 18’ - 21’ | Negotiable | $19.00 /SF/YR $1.58 /SF/MO $391,001 /YR $32,583 /MO | Triple Net (NNN) |
413 E 23rd St - 1st Floor
Introducing 413 E 23rd St, a prime commercial property for lease in Panama City, FL. This modern space boasts a generous floor plan, ideal for a wide range of retailers. With high ceilings, it offers a welcoming and productive environment for employees and clients alike. Convenient access and ample parking make this property highly accessible for both employees and customers.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 18’ - 21’
- Excellent accessibility and visibility
- Located in a major retail area
- High VPD 38,000+
- Ample surface parking
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 | 20,579 SF | Gross Leasable Area | 163,442 SF |
| Center Type | Community Center | Total Land Area | 19.14 AC |
| Parking | 710 Spaces | Year Built | 2002 |
| Stores | 5 | Cross Streets | NEC 23rd St & Wilson Ave |
| Center Properties | 3 |
| Total Space Available | 20,579 SF |
| Center Type | Community Center |
| Parking | 710 Spaces |
| Stores | 5 |
| Center Properties | 3 |
| Gross Leasable Area | 163,442 SF |
| Total Land Area | 19.14 AC |
| Year Built | 2002 |
| Cross Streets | NEC 23rd St & Wilson Ave |
About the Property
Excellent salon, barbershop, or nail salon space available at the Home Depot anchored shopping center in Panama City, Florida. The available retail space is in excellent condition with a wide-open sales area and would be an ideal location for a personal service retail user. The shopping center is located at the highly trafficked intersection of Hwy 77 and E 23rd Street, measuring over 60,000 AADT. This site has ample access and visibility. The center features excellent co-tenancy. The property is surrounded by numerous national retailers such as Target, Kohl’s, Dillard’s, Home Depot, Lowe’s, Walmart, Publix, TJ Maxx, West Marine, Hobby Lobby, and PetSmart, to name a few. Area Description: Highly visible location in the heart of Panama City’s primary retail corridor, with strong co-tenants that include Home Depot, Ross Dress for Less, Jo-Ann Fabrics, and West Marine. The high traffic count at the 23rd Street and State Road 77 intersection makes this the “Main & Main'' intersection of the Panama City market. Also, the Panama City Beach market is one of the top tourist vacation destinations in the United States with its pristine white sand beaches that stretch across the entire Gulf Coast.
- Dedicated Turn Lane
- Signage
- Signalized Intersection
Nearby Major Retailers
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23rd Street Plaza | 700 23rd St
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