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Retail/Office Space in Neighborhood Center
For Lease
$3,200/Mo

493 N Richard Jackson Boulevard, Panama City Beach, FL 32407

Retail or office suite in a neighborhood shopping center directly across from the beach.

Space SizeContact for details
Property Size120,938 SF
Days on Market1136

Property Features for 493 N Richard Jackson Boulevard

General Information

Standard status Active
Size 120,938 SF
Property subtype Commercial

Building Details

Year Built 2015
Listing Agency: RC REAL ESTATE GROUP
Listed By: RIC R HOLT · License #3228641
Source: Corcoran
Added: Jun 26, 2023 Changed: Jul 10 Last Checked: Aug 4 at 7:05AM

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 RC REAL ESTATE GROUP

Investment Insights

Based on property information with market context.

This 3,200-square-foot retail/office space is available within the Shoppes at Edgewater neighborhood shopping center. The offering is configured for either retail storefront-style use or professional office use, giving tenants flexibility to match layout and day-to-day operations to their business needs.

The center sits in a crossroads area of the resort community of Panama City Beach, Florida, and the shopping center is directly across the street from the beach. That setting places the property in a retail-focused environment serving both locals and visitors.

For a tenant seeking a versatile space, this suite supports a mixed retail and office approach within a shopping center setting. Its location across from the beach can be beneficial for businesses that want a storefront presence in a resort-oriented market, while the ability to use the space as either retail or office makes it workable for a range of commercial users. Interested parties should confirm final space details and allowable uses directly with the managing party.

Key Highlights

  • 3,200 SF retail/office space in the Shoppes at Edgewater
  • Neighborhood shopping center location directly across the street from the beach
  • Year built: 2015

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Parts Store HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Electrical Service

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

NNN (Triple Net)
Lease Type
$0.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

852
Businesses Nearby

Demographics for 32407, FL

14,366
Population
12,163
Households
1.2
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
964
Density / Sq Mi
$79,052
Median Household Income
$44,027
Median Earnings
$1,792
Median Rent
$403,500
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 98% below the average of $17.02 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail or office suite in a neighborhood shopping center directly across from the beach.
Where is this retail space located?
The property is located at 493 N Richard Jackson Boulevard Panama City Beach, FL.
What is the lease rate?
The lease rate is $3,200 /Mo.
What are key features of this property?
This property features: 3,200 SF retail/office space in the Shoppes at Edgewater; Neighborhood shopping center location directly across the street from the beach; Year built: 2015
More about this property
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