Navy Boulevard Commercial Space
For Lease
$30 SF/Yr
200 Thomas Drive #'B', Panama City Beach, FL 32408
New commercial building for lease, ideal for retail or office.
Space SizeContact for details
Property Size5,000 SF
Days on Market395
Property Features for 200 Thomas Drive #'B'
General Information
Standard status
Active
Size
5,000 SF
Building Details
Year Built
2025
Listing Agency:
COUNTS REAL ESTATE GROUP INC
(850) 249-3615
Listed By:
CHRISTOPHER S MCCALL · License #666647
Source:
Corcoran
Added: Jul 5, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 COUNTS REAL ESTATE GROUP INC
Investment Insights
Based on property information with market context.
This new commercial building on Navy Boulevard, formerly known as Thomas Drive, offers space for lease suitable for retail, office, showroom, and flex use. The property is located just south of Highway 98 at the Hathaway Bridge, adjacent to the Dive Center, and across from the Navy Base. New construction units are available, each offering 1,025 square feet, with up to 4,100 square feet available for lease. The base rent is $20.00 NNN per square foot, with operating expenses estimated at $4.00 per square foot. The landlord will deliver the space as a vanilla shell and offers finish-to-suit options.
Key Highlights
- Prime location on Navy Boulevard, near Highway 98 and the Hathaway Bridge, offering high visibility and accessibility.
- New construction (2025) ensures modern infrastructure and minimal maintenance.
- Versatile space suitable for retail, office, showroom, or flex use.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
Explore this area
Business Placement
Demographics for 32408, FL
17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
Market
Lease Benchmarks for Panama City Beach, FL
$17.02 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
30,653 SF
Avg Space Size
This space is priced 76% above the average of $17.02 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Retail space - New commercial building for lease, ideal for retail or office.
Where is this retail space located?
The property is located at 200 Thomas Drive #'B' Panama City Beach, FL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Prime location on Navy Boulevard, near Highway 98 and the Hathaway Bridge, offering high visibility and accessibility.; New construction (2025) ensures modern infrastructure and minimal maintenance.; Versatile space suitable for retail, office, showroom, or flex use.
