4335 N Highway 231 Panama City, FL

This pre-leasing opportunity is situated in a rapidly growing area of Bay County, Florida, approximately 5 miles southeast of the 250-acre Port Panama Intermodal Distribution Center. The landlord is in the architect design phase for a new warehouse, offering the potential for tenant input on the buildout. The property includes shared access to approximately 1.93 acres of common area, featuring an existing 99-unit parking lot with stormwater management. Co-owners of the common area include Dollar General and Taco Bell, forming a retail cluster about 1/3 mile from a new Publix Shopping Center. The location benefits from rapid residential growth, with multiple new subdivisions under development to support the 2.7% population growth in the Panama City Metro Area. The site is accessible via a turn lane and median cut off of Highway 231, as well as Pipeline Road, which also has a turn lane at its intersection with Highway 231. The pad site can accommodate a 13,200 square foot building, with site plans available. The property is zoned C-3A and experiences average annual daily traffic counts of approximately 34,000. The location is near 1,000 homes recently built, under construction, or planned in the immediate vicinity. The minimum available space is approximately 2,500 square feet, with a maximum of approximately 13,200 square feet. The median household income in the area is $69,628.