Two Stanford Center

For Lease

1022 W 23rd St, Panama City, FL 32405

You can currently find 3 retail space(s) available for lease at Two Stanford Center. Designated use type for space listed here includes restaurant. Current retail listings at this property total 14,908 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Two Stanford Center.

Space Available For Lease 3

Contacts

Michael Carro

SVN | Southland Commercial

Property Details

  • Property Type Retail - Street Retail
  • Property Size 94,449 SF
  • Units 1
  • Building Class C
  • Year Built 2000
  • Date Updated Jun 26, 2026
Located in the heart of Panama City, this vibrant area offers an enticing mix of urban amenities and coastal charm. Just a stone's throw from the Gulf of Mexico, the location provides an inspiring backdrop for work and relaxation. Surrounded by a variety of dining options, from trendy cafes to upscale eateries, tenants can entertain clients or enjoy team lunches with ease. Nearby parks and waterfront promenades offer opportunities for refreshing breaks and outdoor meetings. With convenient access to major roadways and a thriving business community, the area is a prime choice for companies seeking a dynamic restaurant location in Panama City.Introducing an exceptional restaurant leasing opportunity in one of Panama City’s premier commercial corridors. This restaurant property offers up to 7,454 SF and can be demised into approximately 1,197 SF and 6,257 SF spaces to accommodate a variety of restaurant concepts. Offered at $23.00/SF with estimated CAM expenses of $5.90/SF, the property presents a compelling value for operators seeking visibility, flexibility, and long-term stability. Lease terms begin with a minimum five-year initial term, providing tenants the opportunity to establish and grow within a strong market location. A negotiable buildout allowance may be available, with corresponding rental adjustments, allowing tenants to customize the space to fit their specific vision and operational requirements. This is a rare opportunity to position your restaurant concept within a standout Panama City location.
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Highlights

  • CAM costs at $5.90 per SF
  • Can be subdivided into 2 restaurant spaces consisting of Suite 180 at 1,197 sf and Suite 190 at 6,257 sf
  • Competitive rent at $23.00 per SF
  • Complete set of Plans are available for your Buildout planning.
  • Existing restaurant furniture and equipment available as part of the lease arrangement
  • Generous 7,454 SF space
  • Ideal for restaurant
  • Minimum 5-year initial lease term
  • Negotiable buildout allowance
  • Prime location in Panama City
  • Professional and well-maintained property
  • Versatile and customizable space

Attachments

Getting around

  • 61/100

    Walk Score ®

  • 64/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Panama City, FL
  • Neighborhood Forest Park
  • Zip Code 32405
  • Market Pensacola

Points of Interest

  • Beeline

    0.12 miles

  • Chevron

    0.39 miles

  • Sam's Club

    0.60 miles

  • Murphy USA

    0.86 miles

  • Exxon

    0.92 miles

  • AMI Gas

    1.96 miles

  • Harvey De Mathis Park parking

    1.25 miles

  • McDonald's

    0.08 miles

  • Dunkin'

    0.16 miles

  • Chick-fil-A

    0.17 miles

  • Pana Roma Pizza and Pasta

    0.21 miles

  • Outback Steakhouse

    0.22 miles

  • Barberitos Southwestern Grille and Cantina

    0.22 miles

  • El Jalisco Panama City

    0.31 miles

  • Fin's Japanese Restaurant

    0.34 miles

  • Gyro Cafe

    0.37 miles

  • Five Guys

    0.39 miles

  • Big Lots

    0.48 miles

  • Publix

    0.49 miles

  • TJ Maxx

    0.54 miles

  • Walmart Supercenter

    0.61 miles

  • Piggly Wiggly

    0.94 miles

  • Ross

    1.47 miles

  • Burlington

    1.53 miles

  • Winn-Dixie

    1.53 miles

  • Don Jorge Mexican Grocery Store

    1.57 miles

  • Bealls

    1.57 miles

1022 W 23rd St Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    1022 W 23rd St is located in Forest Park, which is home to a total of 2 listing(s). Retail space at Two Stanford Center asks $23.00/SF/YR per square foot.

  • The property includes 14,908 square feet of retail space for lease. Of this total, 14,908 square feet are Restaurant.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Forest Park is 36. The average household income here is $73,373 per year.

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