Versatile Office/Medical Space
For Lease
$20 SF/Yr
221 East 23rd Street, Panama City, FL 32405
Office/medical space with high visibility and convenient access.
Space SizeContact for details
Days on Market159
Property Features for 221 East 23rd Street
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
NAI TALCOR - West FL Office
(850) 814-4490
Listed By:
Brent Faison · License #SL3580252
(850) 814-4490
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 12 at 5:04AM
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 NAI TALCOR - West FL Office
Investment Insights
Based on property information with market context.
The property, located directly on E 23rd Street in Panama City, Florida, offers versatile office or medical space. E 23rd Street is a significant east-west arterial road that connects to major highways, facilitating convenient travel across the city. The available space is approximately 1320 square feet. The location provides easy access, great visibility, and signage opportunities. On-site parking is available. The property benefits from a high AADT count of 35,000. It is situated in close proximity to a wide range of commercial businesses, including numerous national retailers, as well as Ascension Sacred Heart Bay and HCA Florida Gulf Coast Hospitals.
Key Highlights
- High traffic location with an AADT of 35,000.
- Versatile +/-1320sf office/medical space.
- Excellent signage opportunities.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32405, FL
28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value
Market
Lease Benchmarks for Panama City, FL
$19.32 /SF/Yr
Avg Asking Price
$15.13–$28 /SF/Yr
Price Range
4,253 SF
Avg Space Size
This space is priced 4% above the average of $19.32 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Office/medical space with high visibility and convenient access.
Where is this medical office space located?
The property is located at 221 East 23rd Street Panama City, FL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High traffic location with an AADT of 35,000.; Versatile +/-1320sf office/medical space.; Excellent signage opportunities.
