Search
Drive-Through Restaurant Building

300 W 23rd St, Panama City, FL 32405

For Lease
$180,000

Completed in 2021, the restaurant is directly across W 23rd Street from HCA Gulf Coast Regional Medical Center.

Space SizeContact for details
Days on Market20

Property Features for 300 W 23rd St

General Information

Standard status Active

Site & Location

Drive-Thru Yes
Traffic Count 37,000 vehicles/day
Road Access Yes

Additional Details

Space Use Restaurant
Equipment Included Yes

Building Details

Year Built 2021
Listing Agency: JPAR City & Beach
Listed By: Ben G Burnham · License #SL3508219
Source: Exprealty
Added: Oct 19 Changed: Nov 7 Last Checked: Nov 7 at 12:14PM

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 JPAR City & Beach

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This restaurant property in Panama City includes a drive-through and was constructed in 2021. The available information identifies the building as a restaurant space offered for lease.

The property is on W 23rd Street, a major east-west retail corridor in Panama City, with reported traffic exceeding 37,000 vehicles per day. HCA Gulf Coast Regional Medical Center is directly across the street. Gulf Coast State College and Florida State University are each less than 4 miles away, with combined enrollment exceeding 10,000 students.

Key Highlights

  • Restaurant building completed in 2021 with a drive‑through
  • Reported traffic on W 23rd Street exceeds 37,000 CPD
  • Directly across the street from HCA Gulf Coast Regional Medical Center

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Lowe's ProServices Building Supply Minute Key Locksmith Big Chicken Restaurant Primo Water Exchange Big Box & Wholesale Store Installation Services General Contractor

Suggested Use

Top Pick Storage Facility Law Firm HVAC Service Kitchen & Bath Showroom Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

37,000 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,608
Businesses Nearby
494k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 24% Superstores 21% Shops & Services 14% Home Improvements & Furnishings 11%
Walmart Superstores
83,113 visits/mo 0.3 miles
Publix Groceries
43,718 visits/mo 0.4 miles
T.J. Maxx Apparel
40,690 visits/mo 0.4 miles
HomeGoods Home Improvements & Furnishings
33,961 visits/mo 0.4 miles
Bath & Body Works Beauty & Spa
23,885 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Completed in 2021, the restaurant is directly across W 23rd Street from HCA Gulf Coast Regional Medical Center.
Where is this drive through restaurant located?
The property is located at 300 W 23rd St Panama City, FL.
What is the lease rate?
The lease rate is $180,000.
What are key features of this property?
This property features: Restaurant building completed in 2021 with a drive‑through; Reported traffic on W 23rd Street exceeds 37,000 CPD; Directly across the street from HCA Gulf Coast Regional Medical Center
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved