New Construction ±23,000 SF Medical/Office/Gym/Retail Space for lease
2402 State Avenue
Panama City, FL 32405
Highlights
- Available Spaces: ±9,219 SF medical/office/retail, ±14,501 SF gym concept
- Building Status: Under construction | Estimated delivery Q1 2026
- Flexible Use: Ideal for medical, dental, therapy, diagnostics, professional office, retail, gym
- Prime Location: Walkable to HCA Florida Gulf Coast Hospital and commercial amenities
- Accessibility: Easy access to 23rd Street, Harrison Avenue, and Hwy 98
- Parking: Ample onsite parking for tenants and visitors
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.
Documents
Gulf Coast Plaza Medical/Office SpaceGulf Coast Plaza Gym Flyer
Units for Lease
Price Per Sqft/Year: $28.00
Price Per Sqft/Year: $28.00

