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Recently Renovated Shopping Plaza
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2421 FL-77, Panama City, FL 32405

Active shopping plaza suitable for retail, medical, or office purposes.

Space Size1,550 SF - 6,645 SF
Property Size38,000 SF
Days on Market2606

Property Features for 2421 FL-77

General Information

Standard status Active
Size 1,550 SF - 6,645 SF
Class B
Property subtype Retail
Lease Type NNN

Building Details

Building Size 38,000 SF
Tenancy Multiple

Spaces For Lease

at 2421 FL-77 Contact us

Suite L Active

Size 1,550 SF
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Suite C Active

Size 6,645 SF
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Suite D Active

Size 4,400 SF
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Suite M Active

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Listing Agency: White-Spunner Realty
Listed By: Crawford Stitt · License #000135774-0
Source: Crexi
Added: Sep 9, 2019 Changed: Oct 25 Last Checked: Oct 26 at 3:22PM

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 White-Spunner Realty

Rey
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Investment Insights

Based on property information with market context.

This active shopping plaza has been recently renovated and offers convenient accessibility. The property is suitable for retail, medical, or office purposes. Planned improvements include a new roof in 2025. The location benefits from an Average Annual Daily Traffic (AADT) count of 28,000.

Key Highlights

  • Recently renovated shopping plaza suitable for retail, medical, or office use
  • High traffic location with an AADT of 28,000
  • Great access

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby
Balanced
Demand for This Use

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

$19.03 /SF/Yr
Avg Asking Price
$12–$24 /SF/Yr
Price Range
44,845 SF
Avg Space Size

This space is priced 21% below the average of $19.03 /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

Similar Off Market Nearby

  • Bay City Point — 500 E 23rd St, Panama City, FL 32405
  • Florida MV Express Kiosk — 650 W 23rd St, Panama City, FL 32405
  • 23rd Street Station — 650 W 23rd St, Panama City, FL 32405
  • Gilberg's Plaza — 2421 FL-77, Panama City, FL 32405

Frequently Asked Questions

What type of property is this?
Shopping center - Active shopping plaza suitable for retail, medical, or office purposes.
Where is this shopping center located?
The property is located at 2421 FL-77 Panama City, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Recently renovated shopping plaza suitable for retail, medical, or office use; High traffic location with an AADT of 28,000; Great access
(251) 295-1328 Call to check price and availability
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