For Lease

Publix-Anchored Retail | SweetBay Town Center

3204 Heartleaf Avenue East , Panama City, FL 32405

11,584

SF Available
SweetBay is an urban infill project in Panama City, Florida, situated on the former site of the Panama City Regional Airport. Spanning 700 acres and comprising 32 parcels, the Master Plan includes a village town center, a K-8 public charter school called University Academy, a marina, and various types of homes. The old runways have been transformed into waterways and greenways, connecting the village center and neighborhoods to the waterfront. Nature trails further enhance connectivity, linking residences to shops, restaurants, the school, and recreational opportunities. When fully developed, it will offer 3,200 residential units, including approximately 700 apartments.The SweetBay Commercial Town Center is a Publix Anchored, mixed-use, lifestyle center featuring retail, restaurant, medical, and traditional office space. The Town Center is part of the SweetBay Planned Community Development in Panama City, FL. One of the state's largest infill projects with approval for 3,200 residential units. Phase 1 of the Publix-anchored Town Center, which sits on 7.5 acres will feature one of their newest prototypes, at 48,387 SF, with a 2,100 SF Liquor store adjacent. There will be 18,000 SF of in-line retail and restaurant space in the remainder of Phase 1. Phases 2, 3, and 4 will feature both out-parcel and Build-to-suit opportunities for medical offices, hotel(s), restaurants, cafes, and other retail with a focus on serving the SweetBay community as well as the Panama City area.

Key features

  • 427 homes have sold with another 31 under construction in Phases 1 and 2. Phase 3 is currently under development.
  • Existing University Academy, Florida’s top-ranking free (K-8) charter school.
  • Hwy 390 road expansion to a six-lane roadway is near completion.
  • Phase I: 18,000 SF of in-line retail
  • Phase II: 3.65 acres- Retail and Restaurant
  • Phase III: 2.43 acres - Hotel Pad
  • Phase IV: 5.59 acres - Office & Medical Office
  • Phases 2, 3, and 4 will feature out parcels for lease to accommodate hotel, retail, restaurant, and medical offices.
  • SweetBay Avenue, the main road into the subdivision has been completed from SR 390 to Calamint Street.
  • The marina will break ground soon and will feature a 2-acre basin and 56,000 SF of dry storage
  • The Publix-anchored town center offers 18,000 SF of in-line retail, restaurant, and office space available in phase 1
  • The Residences at Sweetbay with 360 apartment units adjacent to the town center is in ramp-up and nearly fully stabilized.
  • The signalized intersection at SweetBay Avenue and SR 390 is nearly completed.
  • The SweetBay Master Planned Community will feature 3200 residential units at full build-out.

Rental Details

  • Number of spaces 8
  • Total square feet available 11,584 SF
  • For Lease $32.00/SF/YR
  • Space Types Strip
  • Lease Type NNN
  • Date Updated Jun 12, 2025
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

For Lease 8 Spaces Available

Contacts

broker
Ashley Barrett Bloom

SVN | Commercial Partners

Building Details

  • For Lease $32.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 18,000 SF
  • Year Built 2024
  • Date Updated Jun 12, 2025

Attachments

Getting Around

  • Walk Score ®

    Car-Dependent (12)

  • Bike Score ®

    Somewhat Bikeable (36)
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Location

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

Points of Interest

Chevron

1.26 miles

Murphy USA

1.32 miles

Exxon

1.36 miles

Sam's Club

1.44 miles

CEFCO

1.47 miles

Shell

1.71 miles

Big Lots

1.31 miles

TJ Maxx

1.33 miles

Walmart Supercenter

1.37 miles

Ross

1.65 miles

Don Jorge Mexican Grocery Store

1.69 miles

Kohl's

1.72 miles

Bealls

1.76 miles

Target

1.84 miles

ALDI

1.85 miles

3204 Heartleaf Avenue East Listing Summary

  • The Price for Retail Space at 3204 Heartleaf Avenue East

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 3204 Heartleaf Avenue East , asking rent starts at $32.00 per square foot.

    Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 3204 Heartleaf Avenue East

    The property exclusively contains Strip space totaling 11,584 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 8 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 3204 Heartleaf Avenue East , which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Listing Broker
broker
Ashley Barrett Bloom

SVN | Commercial Partners

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