500 - 516 E 23rd Street Panama City, FL 32405

This exceptional 2,725 square foot retail space is located within Bay City Point, a thriving 200,000+ square foot development in Panama City, Florida. Situated at the high-traffic intersection of Highway 77 and East 23rd Street (over 60,000 AADT), this property boasts unparalleled visibility and accessibility. Benefit from strong co-tenancy with major national retailers including Target, Kohl's, Dillard's, Home Depot, Lowe's, Walmart, Publix, TJ Maxx, Hobby Lobby, and PetSmart, all within close proximity. The location is directly across from an established shopping center anchored by Target and featuring Dillard's, JC Penney, Sears, and Bed Bath & Beyond, ensuring high foot traffic and brand recognition. Bay City Point represents Panama City's largest new retail development in two decades, offering a prime opportunity to establish or expand your business in a dynamic and rapidly growing market. The space is available for lease under a NNN lease agreement with an annual rate of $30 per square foot. This location is supported by a large concentration of daytime employment and is conveniently situated near established residential neighborhoods, catering to a substantial customer base. Don't miss this chance to secure a prominent retail presence in Panama City's premier shopping destination.