INDUSTRIAL PROPERTY SHOWCASE

Panama City Beach

17684 Cordova Pl | Panama City Beach, FL 32413

57,328 SF Industrial Distribution Center | $11,500,000 ($200.60/SF)

Executive Summary

Welcome to Beach Commerce Park’s crown jewel — a 57,328 SF next-generation Distribution Center delivering strength, speed, and scale in Panama City Beach. Built in 2020, this single-tenant facility marries high-bay functionality with Class B investment durability.

Backed by a 4.5-acre site, 5,200 SF of office build-out, and premium construction specs rarely seen in this market, Cordova Place is built stronger, built smarter, and built to last. In a regulatory environment where replicating this project would take years, this property offers time-to-market advantage that’s impossible to duplicate.

Property Highlights

• 57,328 SF Distribution Center with 5,200 SF office space.
• 4.51-acre site providing ample yard and maneuverability.
• High-bay pitched roof delivering vertical efficiency.
• Construction advantage:
  • Concrete at 4,000 psi vs. standard 3,000 psi.
  • 22-gauge Shadow Rib metal wall panels for durability.
  • 22-gauge Metallic Double-Lok roof (vs. typical 24–26 gauge).
• Clerestory windows flood the warehouse with natural light, cutting energy costs.
• Barrier to entry advantage — a replacement would likely require 2 years of regulatory and construction time.

Property Facts

• Price: $11,500,000
• Price/SF: $200.60
• Rentable Building Area: 57,328 SF
• Lot Size: 4.51 AC
• Year Built: 2020
• Property Type: Industrial
• Subtype: Distribution
• Zoning: M-1

Strategic Angle

Cordova Place is positioned as a future-proof distribution hub in Panama City Beach — a coastal market where industrial demand is high and supply is constrained.

For investors, this asset offers:

• Modern design that minimizes capital expenditure risk.
• Barrier-to-replication moat due to construction and regulatory delays.
• Strong replacement value edge — a facility that would take two years and significantly higher costs to rebuild.

Bottom Line

17684 Cordova Place isn’t just a warehouse — it’s an industrial fortress on Florida’s Emerald Coast. With premium construction specs, a prime 4.5-acre footprint, and a replacement barrier that makes it irreplaceable in today’s market, this asset is built for investors who value both immediacy and longevity.

Cordova Place: Stronger. Smarter. Sooner.

Links

Argossy International Properties
Panama City Beach Economic Development Dept

Transportation Snapshot

• Airports
  Northwest Florida Beaches International (ECP) – 21 min / 13.7 mi
• Freight Port
  Port of Panama City – 21 min / 12.0 mi
• Rail
  Northwest Florida Beaches International (ECP) – 21 min / 13.7 mi