Medical Office Space Under
For Lease
Contact for pricing
2402 State Avenue Panama, Panama City, FL 32405
Customizable Class A space near HCA Florida Gulf Coast Hospital with onsite parking and access to major regional thoroughfares.
Space Size10,000 SF - 14,501 SF
Property Size44,036 SF
Days on Market194
Property Features for 2402 State Avenue Panama
General Information
Standard status
Active
Size
10,000 SF - 14,501 SF
Net Rentable
9,219 SF
Class
A
Property subtype
Medical/Healthcare
Lease Type
NNN
Space & Availability
Available Space
9,219 SF
Contiguous Space
9,219 SF
Floor
1
Space Use
Medical Office
Condition
Shell
Sublease
No
Lease Terms
Lease Rate
$28 /USD/SF/YR
Monthly Rent
$21,511
Rent per SF/Year
$28
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
signage opportunities
Building Details
Building Size
44,036 SF
Spaces For Lease
at 2402 State Avenue Panama Contact us- Size
- 10,000 SF
- Lease Type
- NNN
+/-10,000sf office/medical space for lease
- Size
- 14,501 SF
- Lease Type
- NNN
+/-12,000sf gym space for lease
Listing Agency:
NAI Talcor
(850) 249-2879
Listed By:
Wendy Partie · License ##3580252
(850) 249-2879
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 29
Last Checked: Aug 29 at 8:56PM
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
Investment Insights
Based on property information with market context.
This Class A medical office development is currently under construction, with delivery scheduled for Q1 2026. The property offers tenant-controlled interior build-outs, allowing healthcare and professional users to configure their premises around operational and branding requirements. Onsite parking and prominent signage opportunities are planned as part of the project.
The property is located at 2402 State Avenue, near HCA Florida Gulf Coast Hospital and established medical, professional, retail, and restaurant uses. Access to 23rd Street, Harrison Avenue, Highway 231, Highway 98, and other major routes supports connectivity throughout the surrounding region. Nearby 23rd Street carries approximately 34,500 vehicles per day.
The planned space can support medical, dental, therapy, diagnostic, professional office, fitness, and retail concepts, subject to applicable requirements. Architectural plans for the fitness-oriented portion include three pickleball courts, an elevated indoor walking and running track, and an open adaptable layout.
The property is located at 2402 State Avenue, near HCA Florida Gulf Coast Hospital and established medical, professional, retail, and restaurant uses. Access to 23rd Street, Harrison Avenue, Highway 231, Highway 98, and other major routes supports connectivity throughout the surrounding region. Nearby 23rd Street carries approximately 34,500 vehicles per day.
The planned space can support medical, dental, therapy, diagnostic, professional office, fitness, and retail concepts, subject to applicable requirements. Architectural plans for the fitness-oriented portion include three pickleball courts, an elevated indoor walking and running track, and an open adaptable layout.
Key Highlights
- Class A medical office development under construction with delivery scheduled for Q1 2026
- Located just blocks from HCA Florida Gulf Coast Hospital
- Approximately 34,500 vehicles per day on nearby 23rd Street
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,456
Businesses Nearby
Under-served
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
$18.28 /SF/Yr
Avg Asking Price
$15.13–$25 /SF/Yr
Price Range
3,690 SF
Avg Space Size
This space is priced 53% above the average of $18.28 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Customizable Class A space near HCA Florida Gulf Coast Hospital with onsite parking and access to major regional thoroughfares.
Where is this medical office space located?
The property is located at 2402 State Avenue Panama Panama City, FL.
What are key features of this property?
This property features: Class A medical office development under construction with delivery scheduled for Q1 2026; Located just blocks from HCA Florida Gulf Coast Hospital; Approximately 34,500 vehicles per day on nearby 23rd Street
