Retail Space in Panama
For Lease
Contact for pricing
3157 West 23rd Street, Panama City, FL 32405
Retail space with high visibility and co-tenancy with ALDI.
Space Size22,433 SF
Days on Market278
Property Features for 3157 West 23rd Street
General Information
Standard status
Active
Size
22,433 SF
Property subtype
Other
Spaces For Lease
at 3157 West 23rd Street Contact us- Size
- 22,433 SF
- Term
- Negotiable
- Rate
- Contact for pricing
1
Listing Agency:
(205) 776-6708
Listed By:
Kathy Dennis, CCIM
Source:
Tscg
Added: Nov 25, 2025
Changed: Aug 23
Last Checked: Aug 29 at 7:41AM
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 Kathy Dennis, CCIM
Investment Insights
Based on property information with market context.
Located in the heart of Panama City, this retail space benefits from its proximity to various amenities and attractions, including dining spots like Firefly and The Grand Marlin, and St. Andrews State Park. The Panama City Marina, with waterfront views and entertainment, is also nearby. Situated along West 23rd Street, the property offers visibility to approximately 39,000 vehicles per day and features 59 feet of road frontage. It shares tenancy with ALDI and includes a loading dock. Area tenants include Sam's Club, Academy Sports, Dollar Tree, Chick-Fil-A, and Outback Steakhouse.
Key Highlights
- Located on West 23rd Street with high visibility (+/- 39,000 VPD)
- Co‑tenancy with ALDI
- 59' of road frontage
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 39%
Dining 38%
Shops & Services 23%
Goodwill
Apparel
9,200 visits/mo
0.3 miles
Tudor's Biscuit World
Dining
6,440 visits/mo
0.3 miles
Chevron
Shops & Services
5,334 visits/mo
0.3 miles
SUBWAY
Dining
2,456 visits/mo
0.4 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
Market
Lease Benchmarks for Panama City, FL
$19.63 /SF/Yr
Avg Asking Price
$12–$24 /SF/Yr
Price Range
40,284 SF
Avg Space Size
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail space with high visibility and co-tenancy with ALDI.
Where is this shopping center located?
The property is located at 3157 West 23rd Street Panama City, FL.
What are key features of this property?
This property features: Located on West 23rd Street with high visibility (+/- 39,000 VPD); Co‑tenancy with ALDI; 59' of road frontage
