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Flexible Industrial Space with Dock-High Doors
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1121 Hub Drive, Panama City, FL 32401

Flexible industrial space with dry storage plus fully refrigerated and commercial freezer options, supported by four dock-high doors.

Property Size9,204 SF
Days on Market5

Property Features for 1121 Hub Drive

General Information

Standard status Active
Size 9,204 SF
Property subtype Industrial

Space & Availability

Contiguous Space 9,204 SF
Divisible Yes
Space Use Flex

Warehouse & Industrial

Dock-High Doors 4
Cold Storage Yes

Building Details

Building Size 9,204 SF
Year Built 1980
Listing Agency: White Horse CRE LLC
Listed By: Fletcher Dilmore · License ##SL3389522
Source: Crexi
Added: Jul 28 Changed: Jul 30 Last Checked: Jul 30 at 9:32PM

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 White Horse CRE LLC

Investment Insights

Based on property information with market context.

1121 Hub Drive is a flex space offering 9,204 SF of flexible industrial storage that can be leased as a whole building or right-sized for an operation. The space supports traditional dry storage, fully refrigerated space, or commercial freezer storage.

Loading is supported by four dock-high roll-up doors and semi-truck unloading. The site is minutes from downtown Panama City and under 15 minutes to Panama City Beach. An optional private office suite (up to 1,200 SF) can be added, and the building also provides the option for a full commercial kitchen build-out. The kitchen includes new commercial appliances, and the refrigerated space is delivered ready for use.

Built in 1980, the configuration is positioned for food-service and related operators that need refrigerated or freezer storage alongside efficient loading.

Key Highlights

  • 9,204 SF flexible industrial space with dry, fully refrigerated, and commercial freezer storage options
  • Four dock‑high roll‑up doors with semi‑truck unloading for efficient loading
  • Optional private office suite available up to 1,200 SF

Property Analytics

Current Use

DMC Event Rentals Party Supply Store Legistix Solutions LLC Consultant Midsouth lumber delivery ... Warehouse & Storage Bay County Builders ... Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Florist Parking Lot & Garage Locksmith Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Dock-high doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,260
Businesses Nearby
Under-served
Demand for This Use

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

$9.36 /SF/Yr
Avg Asking Price
$5.87–$15 /SF/Yr
Price Range
8,680 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • PoFolks Restaurant — 989 15th st, panama city, fl 32401

Frequently Asked Questions

What type of property is this?
Flex space - Flexible industrial space with dry storage plus fully refrigerated and commercial freezer options, supported by four dock-high doors.
Where is this flex space located?
The property is located at 1121 Hub Drive Panama City, FL.
What are key features of this property?
This property features: 9,204 SF flexible industrial space with dry, fully refrigerated, and commercial freezer storage options; Four dock‑high roll‑up doors with semi‑truck unloading for efficient loading; Optional private office suite available up to 1,200 SF
(850) 326-1463 Call to check price and availability
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