New Retail/Medical/Office Space
For Lease
$271,810
11697 PANAMA CITY BEACH Pkwy, Panama City Beach, FL 32407
Under construction retail/medical/office space for lease in Panama City.
Space SizeContact for details
Property Size7,766 SF
Lot Size1.68 Acres
Days on Market170
Property Features for 11697 PANAMA CITY BEACH Pkwy
General Information
Standard status
Active
Size
7,766 SF
Lot size
1.68 Acres
Property subtype
Commercial
Lease Term
6+ months
Taxes and HOA fees
Annual Taxes
$4,953
Building Details
Building Size
7,766 SF
Year Built
2026
Listing Agency:
(407) 737-9797
Listed By:
Mark Allen
(407) 737-9797
Source:
Elliman
Added: Mar 11
Changed: Aug 23
Last Checked: Aug 26 at 9:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mark Allen
Investment Insights
Based on property information with market context.
This forthcoming multi-tenant retail, medical, and office space is available for lease. The total square footage is 7,766, and the space can be divided or leased as a whole. The zoning permits retail, medical, and office use. The landlord is seeking franchise or national tenants and/or multiple-location businesses. The strip center block structure, offered as a gray shell, is anticipated to be completed within six months, with a completion date expected by March 2026 or sooner. The build permit has been obtained, and groundbreaking is scheduled for early August 2025. If a tenant commits early, the owner is willing to collaborate on rough plumbing and electrical work now, as well as metal framing with the interior build-out, potentially accelerating the move-in timeline. The property is located in Panama City Beach, FL.
Key Highlights
- New Construction: Brand new commercial space available for lease.
- Flexible Space: 7,766 sq ft that can be divided or leased as a whole.
- Versatile Zoning: Permits Retail, Medical, and Office uses.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
248k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Home Improvements & Furnishings 22%
Groceries 22%
Shops & Services 13%
Publix
Groceries
41,497 visits/mo
0.4 miles
Chick-fil-A
Dining
30,354 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
27,240 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
26,744 visits/mo
0.2 miles
Whataburger
Dining
21,859 visits/mo
0.1 miles
Demographics for 32407, FL
14,366
Population
12,163
Households
1.2
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
964
Density / Sq Mi
$79,052
Median Household Income
$44,027
Median Earnings
$1,792
Median Rent
$403,500
Median Home Value
Market
Lease Benchmarks for Panama City Beach, FL
$21.03 /SF/Yr
Avg Asking Price
$12–$35 /SF/Yr
Price Range
33,435 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Under construction retail/medical/office space for lease in Panama City.
Where is this retail space located?
The property is located at 11697 PANAMA CITY BEACH Pkwy Panama City Beach, FL.
What is the lease rate?
The lease rate is $271,810.
What are key features of this property?
This property features: New Construction: Brand new commercial space available for lease.; Flexible Space: 7,766 sq ft that can be divided or leased as a whole.; Versatile Zoning: Permits Retail, Medical, and Office uses.
