Renovated Retail
New
For Lease
$14 SF/Yr
615 N Highway 231, Panama City, FL 32405
Flexible commercial space with customer access, prominent signage opportunities, and on-site parking in a busy shopping center setting.
Space Size2,073 SF
Days on Market7
Property Features for 615 N Highway 231
General Information
Standard status
Active
Size
2,073 SF
Net Rentable
2,073 SF
Property subtype
Commercial
Space & Availability
Available Space
2,073 SF
Contiguous Space
2,073 SF
Space Use
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1968
Year Renovated
2019
Listing Agency:
NAI TALCOR
(850) 249-2879
Listed By:
TAMMY R HUSTON · License ##SL3513905
(850) 960-3624
Source:
Corcoran
Added: Sep 11
Changed: Sep 17
Last Checked: Sep 16 at 3:31PM
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 2,073-square-foot retail space provides a flexible interior suitable for boutique retail, professional office, medical and wellness services, aesthetics, and other customer-oriented uses. Renovations were completed in 2019, and the space has a new roof and HVAC systems. On-site parking and prominent signage opportunities support customer visits and daily operations.
The space is located within Mariner Plaza at 615 N Highway 231 in Panama City. The shopping center fronts Highway 231 and offers multiple access points from Highway 231, Highway 77, and 19th Street. Nearby hospitals, residential areas, retail businesses, restaurants, and other services add to the surrounding commercial context.
The space is located within Mariner Plaza at 615 N Highway 231 in Panama City. The shopping center fronts Highway 231 and offers multiple access points from Highway 231, Highway 77, and 19th Street. Nearby hospitals, residential areas, retail businesses, restaurants, and other services add to the surrounding commercial context.
Key Highlights
- Approximately 2,073 SF of flexible retail space
- Renovated in 2019
- New roof and HVAC systems
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,220
Businesses Nearby
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
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Market
Lease Benchmarks for Panama City, FL
$20.76 /SF/Yr
Avg Asking Price
$12–$65.72 /SF/Yr
Price Range
30,426 SF
Avg Space Size
This space is priced 33% below the average of $20.76 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial space with customer access, prominent signage opportunities, and on-site parking in a busy shopping center setting.
Where is this retail space located?
The property is located at 615 N Highway 231 Panama City, FL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Approximately 2,073 SF of flexible retail space; Renovated in 2019; New roof and HVAC systems
