Three-Level Office Building with Parking
For Lease
$14 SF/Yr
1001 East Highway 98, Panama City, FL 32401
Three office floors with dual parking-lot access and ample onsite parking for an efficient tenant operation.
Space Size24,361 SF
Days on Market62
Property Features for 1001 East Highway 98
General Information
Standard status
Active
Size
24,361 SF
Class
B
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
24,361 SF
Year Built
1952
Stories
3
Spaces For Lease
at 1001 East Highway 98 Contact us- Size
- 24,361 SF
- Type
- Office Building
- Term
- Negotiable
Office Building $14/SF/Yr
Listing Agency:
NAI TALCOR
(850) 814-4490
Listed By:
Brent Faison · License #3027940
(850) 814-4490
Source:
Naiglobal
Added: Jun 23
Changed: Aug 8
Last Checked: Aug 23 at 3:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI TALCOR
Investment Insights
Based on property information with market context.
This three-level office building offers approximately 24,361 square feet total, with about 8,120 square feet per floor. The property features two access points into the parking lot, designed to support convenient arrival and circulation for employees and visitors.
The building is located at 1001 East Highway 98 in Panama City, close to the redeveloping Downtown area. It is also positioned near municipal buildings and Ascension Sacred Heart Hospital, with Tyndall Air Force Base located less than 10 miles away.
With dedicated office floor space across three levels, the property can support a range of office users seeking multi-floor configuration. The parking ratio of 2.7 spaces per 1,000 square feet further supports day-to-day operations for tenants that rely on onsite parking for staff and customer access.
The building is located at 1001 East Highway 98 in Panama City, close to the redeveloping Downtown area. It is also positioned near municipal buildings and Ascension Sacred Heart Hospital, with Tyndall Air Force Base located less than 10 miles away.
With dedicated office floor space across three levels, the property can support a range of office users seeking multi-floor configuration. The parking ratio of 2.7 spaces per 1,000 square feet further supports day-to-day operations for tenants that rely on onsite parking for staff and customer access.
Key Highlights
- Three office floors totaling +/−24,361 RSF (+/−8,120 RSF per floor)
- Dual access points into the parking lot off Bus Hwy 98
- Parking ratio of 2.7 per 1,000 SF
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Explore this area
Business Placement
Demographics for 32401, FL
20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Market
Lease Benchmarks for Panama City, FL
$17.62 /SF/Yr
Avg Asking Price
$15.13–$25 /SF/Yr
Price Range
21,340 SF
Avg Space Size
This space is priced 21% below the average of $17.62 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Three office floors with dual parking-lot access and ample onsite parking for an efficient tenant operation.
Where is this office building located?
The property is located at 1001 East Highway 98 Panama City, FL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Three office floors totaling +/−24,361 RSF (+/−8,120 RSF per floor); Dual access points into the parking lot off Bus Hwy 98; Parking ratio of 2.7 per 1,000 SF
