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Class A Office Space Available
For Lease
$18 SF/Yr NNN

3109 Minnesota Avenue #220, Panama City, FL 32405

Class A office space for lease, various sizes available.

Space SizeContact for details
Days on Market714

Property Features for 3109 Minnesota Avenue #220

General Information

Standard status Active

Building Details

Year Built 1995
Listing Agency: COUNTS REAL ESTATE GROUP INC
Listed By: CHRISTOPHER S MCCALL · License #666647
Source: Corcoran
Added: Nov 12, 2024 Changed: Mar 16 Last Checked: Aug 25 at 4:05AM

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 COUNTS REAL ESTATE GROUP INC

Rey
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Investment Insights

Based on property information with market context.

Class A office space ranging from 3,000 to 103,000 square feet is available for lease. The Tyndall Federal Credit Union Operations Center is centrally located near the intersection of Highway 77 and Baldwin Avenue, adjacent to and north of Haney Vocational Training School. The north half of the first floor offers 3,000 to 8,000 square feet of built-out space ready for immediate occupancy. Work stations in this area may be available for tenant use. The south half of the first and second floors are in unfinished warm-shell condition. The landlord offers finish-to-suit options for long-term credit tenants. The first floor shell space measures 12,000 square feet, while the second floor provides 15,000 square feet. The lease rate is $18.00 NNN, plus operating expenses and sales tax.

Key Highlights

  • Class "A" office space provides a high‑quality business environment.
  • Flexible space options available, ranging from 3,000 to 103,000 sq. ft.
  • Strategically located near Highway 77 and Baldwin Ave.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bay County Vet ... Community Center Tyndall Federal Credit ... Credit Union Rebuild Florida Center ... Government Economic Program Covenant Care - Panama ... Home Health Care Service Movable City Solar ... Production Facility

Suggested Use

Top Pick Dental Office Restaurant Building Supply Auto Repair Shop Law Firm Big Box & Wholesale Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value
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Market

Lease Benchmarks for Panama City, FL

$18.7 /SF/Yr
Avg Asking Price
$1.53–$44.22 /SF/Yr
Price Range
35,860 SF
Avg Space Size

This space is priced 4% below the average of $18.7 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - Class A office space for lease, various sizes available.
Where is this office unit located?
The property is located at 3109 Minnesota Avenue #220 Panama City, FL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Class "A" office space provides a high‑quality business environment.; Flexible space options available, ranging from 3,000 to 103,000 sq. ft.; Strategically located near Highway 77 and Baldwin Ave.
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