909 W 39th St Panama City, FL 32405

Located at 909 W. 39th Street in Panama City, Florida, this 107,890-square-foot industrial property offers a versatile space suitable for warehouse, distribution, or light manufacturing operations. The property is situated adjacent to the Sweetbay redevelopment project, a significant undertaking encompassing over 3,000 residential units and 600,000 square feet of commercial space. Its strategic location provides convenient access to key regional assets, including the Port of Panama City, Florida State University Panama City, Gulf Coast State College, Tyndall Air Force Base, and the Naval Supply Activity/Naval Surface Warfare Center. Several market catalysts are driving demand, such as the INSPIRE aerospace technology research and development campus at NWFL Beaches International Airport, the ongoing development of the Bay-Walton Sector Plan (including Latitude Margaritaville), the $5 billion expansion of Tyndall Air Force Base, and the robust tourism sector of Panama City Beach. The property benefits from easy access to Highway 20 and Interstate 10 via SR-77 and US Highway 231, placing it within a short drive of the Emerald Coast beaches. The lease type is NNN, with an annual rate of $8.5 per square foot. The building offers 107,890 usable square feet.