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Flex For Lease • 7,200 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste | Flex | 7,200 SF | $23.00 USD/SF/YR | |
Positioned at the high-visibility corner of Business 98 and Center Avenue, this build-to-suit opportunity offers a strategic location in Panama City's Gateway district. With a development order already in place, the site is primed for a 7,200 SF automotive service, warehouse, or showroom facility tailored to tenant specifications. The parcel spans approximately one acre and is zoned GC-2 General Commercial, allowing for a wide range of uses. The property benefits from 240 feet of frontage on Business 98, a major military corridor connecting Downtown Panama City to Tyndall Air Force Base. Just 1.5 miles from Bay Medical Center and two miles from the city center, the site offers unmatched access to key infrastructure and services. The area is undergoing significant transformation, with Tyndall AFB’s reconstruction expected to bring over 8,000 new residents, creating strong demand for automotive and service-related businesses. Panama City’s economic resilience is driven by tourism, military, healthcare, and manufacturing sectors. Its strategic location includes an international airport, deep-water port, and rail service, making it a rising hub for logistics and industrial growth. This site is ideally suited for tenants seeking long-term value in a growing Gulf Coast market.
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Seize this opportunity with a development order in place for a 7,200 SF automotive service or warehouse/showroom space. Interior buildout and finishes are flexible, tailored to owner or tenant desires. This 1.14± acre parcel, zoned General Commercial in Panama City's Gateway district, sits prominently on the corner of Business 98 and Center Avenue, serving as a pivotal location on this major military corridor. Just 1.5 miles from the Bay Medical Center and two miles from Downtown, this central site lies on the primary artery connecting Downtown Panama City and Tyndall Air Force Base. With Tyndall's projected growth and reconstruction set to increase personnel requirements by over 8,000 service members and their families, this area is primed for remarkable development.
| High traffic visibility with 21,500 AADT |
| Flexible interior buildout tailored to tenant needs |
| Located in Panama City's Gateway district near Tyndall AFB |
| Desirable Location Directly on Business 98. |
| Only 1.5 miles from Bay Medical Center and the Panama City Police Department. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Northwest Florida Beaches International | 40 min | - | 23.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 21 |
| Type: | Surface |
| Included in Rent: | Yes |
Chris Clubbs, CCIM
Clubbs Real Estate Group
Chris Clubbs, CCIM
Clubbs Real Estate Group
