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New Construction ±23,000 SF Medical/Office/Gym/Retail Space for lease

$28/sqft/yr

2402 State Avenue, Panama City, FL 32405

Active
Last Updated: 06/05/2026

44,036 sqft

Building Size

A

Class

Details:
Building Size:    44,036 sqft
Class:    A
Floors:    2
Description:

Now available at 2402 State Avenue, this premier first-floor medical and professional office opportunity
is positioned in one of Panama City's fastest-growing healthcare corridors, just minutes from HCA
Florida Gulf Coast Hospital.

The ±3000 SF space is being delivered in cold shell condition and is ready for tenant build-out,
allowing healthcare providers and professional users the opportunity to design a customized layout
tailored to their operational needs. The building features modern architecture, high-quality construction,
and a professional environment ideal for medical, specialty healthcare, wellness, and office users.

Located along 23rd Street, one of Panama City's primary commercial corridors with approximately
34,500 vehicles per day, the property offers excellent accessibility, strong visibility, and convenient access
for patients, clients, and employees throughout Panama City, Lynn Haven, Callaway, and Panama City
Beach.

Offered at $28.00/SF NNN, with tenants responsible for interior build-out.

The property is situated proximate to HCA Florida Gulf Coast Hospital and is surrounded by a mix of medical offices, professional services, retail centers, and restaurants. Its central location provides easy connectivity to Harrison Avenue, Highway 231, and other major thoroughfares, ensuring strong traffic flow and accessibility from all parts of the region.

Map:
3 Spaces Available

+/-10,000sf office/medical space for lease, 1 Medical

Available:
Immediately
Sublease:
No
SQFT
10,000
Lease Rate:
$28/sqft/yr
Lease Type:
Gross

+/-12,000sf gym space for lease Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
14,501
Lease Rate:
$28/sqft/yr

Prime opportunity to lease approximately 12,000 sq ft of brand-new commercial space at 2402 State Ave, currently under construction and ready for build-out in Q1 2026, specifically designed for a full-service gym and wellness facility. The architectural concept include three dedicated pickleball courts, an elevated indoor walking/running track overlooking the workout area, and a spacious, versatile floor plan ideal for modern fitness programming. Located near established medical offices and professional services, this site offers strong visibility, steady traffic, and a central position within a thriving, well-populated community. With flexible leasing and build-to-suit options, this property provides an exceptional opportunity for a gym operator to create a state-of-the-art facility in a highly desirable, convenience-oriented location.

+/-3000sf 1st floor space, 1 Medical

Available:
Immediately
Sublease:
No
SQFT
3,000
Lease Rate:
$28/sqft/yr
Lease Type:
Gross
Documents:
Title
Gulf Coast Plaza Flyer
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Location
Gallery