1022 W 23rd St
Panama City, FL 32405 Pretty Bayou

This spacious 7,454-square-foot retail property offers a highly adaptable space designed to accommodate restaurant or retail operators in one of Panama City’s most accessible locations. The property can be subdivided into two individual restaurant spaces of 1,197 SF (Suite 180) and 6,257 SF (Suite 190), granting tenants layout flexibility to suit their specific concepts.

The professional and well-maintained property provides competitive rent at $23.00 per SF, with CAM costs at $5.90 per SF, and a minimum initial lease term of five years ensures long-term operational stability. Tenants benefit from a negotiable buildout allowance along with a complete set of plans for efficient buildout planning. Existing restaurant furniture and equipment can be incorporated into the lease arrangement, offering additional convenience and savings for incoming users.

This location provides excellent visibility along a major commercial corridor and convenient accessibility for both local residents and regional visitors. With versatile and customizable space options, strong area traffic patterns, and nearby retail and service amenities, the property presents an outstanding opportunity for operators seeking a prominent presence in the dynamic Panama City market.

• Date available: Now
• Lease term: 5 Years
• Service type: Triple Net
• Built out as: Restaurants And Cafes
• Space Type: Relet
• In Contiguous block: 7,454 SF

This spacious 7,454-square-foot retail property offers a highly adaptable space designed to accommodate restaurant or retail operators in one of Panama City’s most accessible locations. The property can be subdivided into two individual restaurant spaces of 1,197 SF (Suite 180) and 6,257 SF (Suite 190), granting tenants layout flexibility to suit their specific concepts.

The professional and well-maintained property provides competitive rent at $23.00 per SF, with CAM costs at $5.90 per SF, and a minimum initial lease term of five years ensures long-term operational stability. Tenants benefit from a negotiable buildout allowance along with a complete set of plans for efficient buildout planning. Existing restaurant furniture and equipment can be incorporated into the lease arrangement, offering additional convenience and savings for incoming users.

This location provides excellent visibility along a major commercial corridor and convenient accessibility for both local residents and regional visitors. With versatile and customizable space options, strong area traffic patterns, and nearby retail and service amenities, the property presents an outstanding opportunity for operators seeking a prominent presence in the dynamic Panama City market.

• Date available: Now
• Lease term: 5 Years
• Service type: Triple Net
• Built out as: Restaurants And Cafes
• Space Type: Relet
• In Contiguous block: 7,454 SF