300 23rd St Panama City, FL 32405-4523

This exceptional 2,685 sq ft single-tenant retail building, constructed in 2021, boasts a prime location on 23rd Street in Panama City, Florida. Situated in a high-traffic area with over 37,000 cars passing daily, this property benefits from excellent visibility and accessibility. The building is ideally suited for a restaurant operation, featuring a ready-to-go drive-thru. Its strategic location within a dominant retail corridor places it near major retailers such as Walmart, Target, and Publix, ensuring high foot and vehicle traffic. Furthermore, its proximity to Gulf Coast State College and Florida State University, with a combined enrollment exceeding 10,000 students, presents a significant customer base. The property's adjacency to HCA Gulf Coast Regional Medical Center and Ascension Sacred Heart Hospital, along with the presence of two nearby military bases (Tyndall Air Force Base and Naval Support Activity Panama City), further enhances its appeal. Panama City's robust growth, projected to nearly double its population by 2030, makes this a compelling investment opportunity. The area also offers a diverse range of nearby dining establishments, creating a vibrant and bustling commercial environment. Lessee to verify all measurements.