Three-Level Office
For Lease
Contact for pricing
1001 East Highway 98 Panama, Panama City, FL 32401
Office property with dual parking-lot access near municipal buildings, a hospital, and Downtown Panama City.
Space Size24,361 SF
Days on Market72
Property Features for 1001 East Highway 98 Panama
General Information
Standard status
Active
Size
24,361 SF
Net Rentable
24,361 SF
Class
B
Property subtype
Multi Tenant Office
Lease Type
NNN
Space & Availability
Available Space
24,361 SF
Contiguous Space
24,361 SF
Sublease
No
Lease Terms
Lease Rate
$14 /USD/SF/YR
Monthly Rent
$28,421
Rent per SF/Year
$14
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
24,361 SF
Year Built
1952
Stories
3
Parking Ratio
2.7 per 1,000 SF
Spaces For Lease
at 1001 East Highway 98 Panama Contact us- Size
- 24,361 SF
- Lease Type
- NNN
Office Building
Listing Agency:
NAI TALCOR
(850) 224-2300
Listed By:
Brent Faison · License #3027940
(850) 224-2300
Source:
Thebrokerlist
Added: Jun 22
Changed: Aug 31
Last Checked: Aug 31 at 12:40PM
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 office property contains approximately 24,361 RSF across three levels, with each floor measuring about 8,120 RSF. Constructed in 1952, the building offers a substantial multi-floor configuration for commercial occupancy and is available under an NNN lease structure.
The property provides two access points to the parking lot from Business 98 and a parking ratio of 2.7 spaces per 1,000 square feet. It is positioned in the North Cove area near redeveloping Downtown Panama City, municipal buildings, and Ascension Sacred Heart Hospital. Tyndall Air Force Base is located less than 10 miles away.
The property provides two access points to the parking lot from Business 98 and a parking ratio of 2.7 spaces per 1,000 square feet. It is positioned in the North Cove area near redeveloping Downtown Panama City, municipal buildings, and Ascension Sacred Heart Hospital. Tyndall Air Force Base is located less than 10 miles away.
Key Highlights
- Approximately 24,361 RSF across 3 floors
- Each floor measures approximately 8,120 RSF
- Dual parking‑lot access points from Business 98
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
208
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
$17.16 /SF/Yr
Avg Asking Price
$15.13–$25 /SF/Yr
Price Range
19,992 SF
Avg Space Size
This space is priced 18% below the average of $17.16 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property with dual parking-lot access near municipal buildings, a hospital, and Downtown Panama City.
Where is this office building located?
The property is located at 1001 East Highway 98 Panama Panama City, FL.
What are key features of this property?
This property features: Approximately 24,361 RSF across 3 floors; Each floor measures approximately 8,120 RSF; Dual parking‑lot access points from Business 98
