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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: 11/19/2025

44,036 sqft

Building Size

A

Class

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

This strategically positioned Class A commercial development at 2402 State Avenue offers exceptional flexibility with two distinct leasing opportunities: ±9,219 SF of first-floor medical/office space and an additional ±14,500 SF purpose-designed fitness facility planned for a full-service gym tenant. The gym space incorporates architectural plans featuring three dedicated pickleball courts, an elevated indoor walking/running track, and an adaptable open layout suitable for a gym, wellness operator, recreation concept, or other commercial uses. Both spaces may accommodate medical, professional office, fitness, or even retail users, offering rare versatility in a high-demand corridor. Currently under construction with delivery scheduled for Q1 2026, the building allows tenants to fully customize their interiors to meet exact operational, branding, and design needs. Located just blocks from HCA Florida Gulf Coast Hospital and surrounded by established medical and professional offices, the site benefits from strong visibility, convenient access, and high daily traffic from nearby 23rd Street (AADT ±34,500). Ample on-site parking, prominent signage opportunities, and modern Class A design make this a compelling option for healthcare providers, professional service firms, fitness operators, and retail concepts seeking a high-quality, customizable space that serves Panama City, Lynn Haven, Callaway, and Panama City Beach. Spaces are offered at $28.00/SF NNN, with tenant-controlled interior build-outs, making now the ideal time to secure and plan your next location.

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:
2 Spaces Available

+/-9219sf office/medical space for lease, 1 Medical

Available:
Immediately
Sublease:
No
SQFT
9,219
Lease Type:
Gross

+/-14,501sf gym space for lease Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
14,501

Prime opportunity to lease approximately 14,500 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.

Documents:
Title
Gulf Coast Plaza Flyer
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Gulf Coast Plaza Gym Flyer
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Location
Gallery